WFL 0.00% 0.3¢ wellfully limited

Buy the fear, sell the greed...., page-41

  1. 203 Posts.
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    My own perception of what Steve said was that his own personal objective for OBJ was to have five business units each with a value (market capitalisation) of $100M in five years time. This seemed a reasonable goal to me as it would represent a ten fold increase in the present market cap. of the company. Some people might consider a ten bagger in five years is nothing special but it would be a brilliant performance compared against that of the last few years. A share price of 25cs / 30cs or so also seems reasonable, whereas a share price of 25cs x a P/E of 25 does not; even a share price of $5 would be a 165 bagger. I am not prepared to dream that big.

    I wish Steve and his soon to be formed Olympic team every success; I wish future prosperity to all long-suffering OBJ shareholders.
 
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