Lol, Matt must haved learnt those lines from ‘Yes Minster’ when it was broadcast on the ABC a while back!
Jokes aside, it is a utter waste of time to expect Matt, or members of the Board to disclose sp sensitive information via personal phone calls/emails.
A conference call has more value AFTER a announcement is made, usually to clarify any queries from said announcement by shareholders, imo.
Sheer waiting game at this time, be sure that OBJ will immediately announce anything of significance to boost the sp, especially so if it is a announcement that is not a’fluff’ one , that is, next to useless!
OBJ (sure the BOD very conscious of it) know that they will be under immense pressure to have something to deliver AGM 2018, not the usual bla bla hype presented at every past AGM, BUT something of undeniable merit to boost the sp and appease long suffering loyal shareholders.
Would imagine the only happy shareholder ( ex shareholder actually) at this time, would be them who were in early and sold in the ‘boom days’ because they recognised the story as a ‘fairy tale’.
Let this be a lesson for every spec investor, a major announcement of the P&G link up was a great trading opportunity only, the reality is upfront REVENUE counts, the harsh reality is that revenue has been years to come to fruition, the only saving grace was, imo, that it ensured the survival of the company, a mixed blessing for long termers!
Perhaps that is why OBJ recent ‘postive’ announcements have failed to boost the sp, even the ‘mug’ investor is wise to the reality revenue counts, anything less of questionable value!
Checked the buy/sell orders this morning, blerry horrible: 1 buyer for every 3 sellers, utter Shiite, imo.
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