WFL 0.00% 0.3¢ wellfully limited

"how the market cannot see that is beyond me." You and others...

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  1. 5,887 Posts.
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    "how the market cannot see that is beyond me."

    You and others are a bit too close to OBJ to be objective - no offence. I looked at the presso, and thought the numbers and timeframes were pathetic. Costs will go up with two new directors and maybe with bodyguard. Not cashflow positive until next year is really telling with the market cap around $100m. The new details confirmed that the whole thing has been totally over-rated. If you look at other stocks with say an 18 month outlook, and you will see there are plenty that are in a better position - higher revenue, faster growth, lower market cap. Their costs might be higher, but they are growing faster to make up for that.

    Anyway, looks like OBJ got a reasonable close - someone was willing to pay extra in the auction to make it look good.
 
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