AMG, the charts are used by some, but the real indicator will be...

AMG, the charts are used by some, but the real indicator will be the 4Cs. The upcoming one will not excite many as there is a up to 6 months delay between a sale and the reporting of received royalty for that product.

Sales seem to have taken off now but at first the retail stores have to submit data to their head office, then to P&G Australia / P&G other countries / Pacific region, then to P&G head office and from there into OBJ's accounts before the quarterly deadline.

Theoretically that can be done these days within a second but the big mills turn still slowly. I see the current price action as securing of a solid position at low prices before the market awakes after the first solid 4C.

I reckon it will be the January 4C reporting the breakthrough that will convince the market that OBJ finally becomes a winner. Having written that, I wouldn't mind if that breakthrough would be reported within the next days.

GLTA