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growth goblin

396 Posts.

18/07/15

06:43

Post #: 15654879
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Originally posted by abdm ↑

Hi growth goblin,

In all honesty, I'm not concerned about the revenue figure reported in our next Quarterly, but I suspect it may be somewhere around $400k

One of the important lessons I've learned about investing in small biotech companies is that successful ROI in the long term requires more reliance on qualitative analysis rather than any of the standard financial methods used to value companies within other sectors. The large majority of small players in the biotech sector are still at the development stage with little or no earnings/revenue, and with history is our guide, by the time these type of companies do start to report the kind of revenue that many holders of OBJ are anticipating over the next 2+ years, the window of opportunity may have already closed.

View attachment 79961

http://www.obj.com.au/

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Great to see the OBJ team building.

Don't forget we had just under $700k in receivables as at 31 Dec 2014... This next 4C could surprise us all.

OBJ Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
23 Upvote

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