What do you need to see between now and the AGM? Sounds like it all depends the share price. The current share price is certainly feeding perfectly into doss's agenda. Down 30% from the day of the 2nd tech announcement, which means a 50% rise just to get back there.
According to the 45 days lag the company has now received the June Quarterly receipts and the share price continues to follow its trend down. I can't read much into it as OBJ won't be leaking. There was actually a sell-off just before the 2nd tech announcement so they didn't get it right (at that time). Buyers are certainly waiting for more buyers and a few green days.
Road show kicks off very soon. As a potential institutional buyer the share price presents no entry hurdles. Management tell me that shareholders are getting too agitated over the 4C and the focus will soon change. Management can start by attracting some larger buyers at market.
OBJ Price at posting:
5.4¢ Sentiment: None Disclosure: Held
(20min delay)