I think the SP already has a lot a speculation priced into it that a deal will likely be forthcoming with 3M. The announcement today is great because it confirms that OBJ are serious about partnerships to commercialise it's technologies, and they now have a specialist exec to focus on that particular role.
It's all good. Support is holding at 5.9c. Be patient, and enjoy the ride.
I like this part of the announcement.
Dr Hammonds intimate knowledge of the industry will be invaluable in contract negotiations, developing in‐licensing proposals and in pursuing the advancement of OBJ echnologies?.
I think the SP already has a lot a speculation priced into it...
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