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Is OBJ's tech is as good as we all hoped?, page-2

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Torbreck

12,636 Posts.

526

04/06/18

17:55

Post #: 33483511
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Originally posted by PickmeAmonkey ↑

Hi All,

I've been a holder for a number of years, first buying in at 1.5c and holding all the way up and all the way down.

The reason I've held is OBJ appeared to have a genuine disruptive technology that could be a game changer in a number of fields.

But here we are years later, incorporated into some P&G products and with slowly growing revenue but a languishing share price and little else.

The question I'm asking myself is just how good is this magnetic technology and will the dream of widespread commercial use ever come into fruition. I've got no idea anymore but I'll continue to hold and see this story through.

On a final note, say what you will about the management, and clearly fresh blood was needed, but cash management has been first class and by avoiding the dilution death cycle of constant capital raising it gives the company a fighting chance to maybe see some good returns.

Good luck all!

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You really think almost 2 billion shares on issue is acceptable?

OBJ Price at posting: 2.3¢ Sentiment: Sell Disclosure: Not Held
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