WFL 0.00% 0.3¢ wellfully limited

OBJ appoints Paul Peros as CEO of new device business, page-112

  1. 12,649 Posts.
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    No offence to any shareholder, but you have specific pointers re the progress of a company.

    One is the share price.

    OBJ - .015c after 19 years as an ASX public listed company

    Every shareholder should go to the annual general meeting and rather than be smitten by the story start asking the hard questions.

    Ask yourself the question - who are the beneficiaries of this public listed company

    IMO

    1. Jeff gets his substantial salary and perks guaranteed

    2. P&G got a marketing tool -  a wand for bugger all

    Shareholders - what have you got out of the deal?

    There are two winners of this exercise, Jeff and P&G.

    The OBJ "technology" has not delivered its revolutionary physical "technology" to mass-market consumer products.

    What do shareholders currently have - a wand with one company and continued stories about the future?
    Last edited by hoofa: 10/06/19
 
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