They had to come up with something new for the roadshow and have provided a lot of market sensitive info here. They have listened to feedback. The ASX as ever shows how useless they truly are in understanding anything.
Confirmed the break up of the upfront payments which is what I was wanting and ruled out a capital raising this year. Also confirmed that the royalty is not paid at the point of sale. Surface hygiene also in product development. There is a lot of commercial activity. The scope of Bodyguard is growing.
Sellers again dumping as their focus appears to be exclusively on aspects of revenue and timing. As a result the nice green candle is gone and could even be setup for a close in the red. In the past this sort of announcement would have seen a 20-30% increase.
I hope they generate better support during and after the roadshow which I am sure will expand on the detail presented here.
OBJ Price at posting:
5.4¢ Sentiment: None Disclosure: Held
(20min delay)