fundamentals of obj, page-9

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    I feel it is perfectly acceptable for me, as a holder (or even if I wasn't a holder), to question whether the future prospects of the company have not already, to some degree, been factored in, given the current MC, just as some posters claim that the SP will rise to 50c (or a Market Capitalisation of $750 Million). It is a debate that has some value for current and prospective holders alike.

    Of course it's acceptable to question, in fact we all should question. However my point is that your past reservations have been wrong so far. In fact I remember you claiming in the past that you couldn't see a P&G deal announcement soon and even backing Surges claims at times that the price rise was being manipulated by brokers. Clearly now in hindsight we can see that this assertion was untrue.

    Sure some claim that SP will rise to 50c but what are they making those claims based on? Current situation or when goals a,b,c have been achieved? Some are also claiming that it's just one huge pump and dump and that world markets are about to crash. You see you get extreme points of views going both ways, that's the beauty of human nature, differing opinions. Differing opinions creates opportunity.

    Me my target for the short to medium term is 15c. That gives a marketcap of $240mill which I see perfectly attainable given the current circumstances. Beyond that, yes I agree that this will need to be proven with financials to reach higher and I certainly have no expectation that this will be achievable within a year or more. 15c by the end of the year? A 10 times plus increase in the share price in not much over a year? Wouldn't be too many stocks on the share market that can claim 100% increase let alone 500 or 1000.

    Needless to say, until OBJ does prove itself financially, it remains a speculative company and should be treated as such. But every box that is ticked along the way means it is just a little bit less speculative. It's certainly a lot less speculative than it was a year ago and this is reflected in the share price. I'm just glad I've been able to identify the potential of this company early and have been comforted along the way by quality well-researched posters with the same fundamental belief for OBJs future that I have. I'm very proud of OBJs achievements.

    Good luck to all investors.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.