The only thing I learnt from this announcement was it increases the kill rate between 2-3x not 2-4x like was mentioned by Jeff at the presentation.
The only other thing of note was the supplier used to create the physical prototype will the same one that was used for the P&G/SK II contract (one could have assumed this was the case perhaps due to the established relationship already in place) and thus one can assume P&G are one of the "highly interested" parties (again due to having an established relationship in place, P&G will probably have first dibs at all of OBJ's products that are relevant/appropriate to them since we have a good working relationship).
Everybody calm down, there was nothing majorly new in this announcement. If anything it shows that we are still in the very initial stages of the technology in this field (think SK II wand and kneeguard over 12 months ago).
Solid company, great future but this is just a standard announcement imo, do not get too carried away. We are likely looking at 2-3 years before we see a product on the shelf, just keep in that in mind. The OBJ crowd are way too positive when shareprice is moving up and way too negative when shareprice is moving down. This is not an overnight success story, it's going to take years and years for some of these work plans to come online - be patient!
- Forums
- ASX - By Stock
- WFL
- Ann: Surface Hygiene Program-OBJ.AX
Ann: Surface Hygiene Program-OBJ.AX, page-10
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable