Hi Abdm,
I
have no intention going down this path.I know exactly how hostility/context in a forum full of that company's SH turns out. I have seen this too many times. So let's be brief.
However, I must first question the research of the SH on this forum. After posting that piece, none but one SH(Yourself) has come forward with an explanation. Is this to mean that majority of the SH derive their information from you ? If that is the case then I wonder what happens to the stock if the reinforcement is gone ?
By 'EVERYONE', I meant here on these forums. Show me a holder capable of large holding
"Not involved" with OBJ interested in OBJ ? You are able to paint a vivid , "sky is the limit", in-depth picture of what is to come. I have read your posts and while very informative in nature - they lack the tenacity to qualify OBJ as a "
Safe" investment.
Whether SK2 makes a billion dollar the question remains how much OBJ will get ? Am I to believe
Baker Young's prediction who sold out their top holdings ? Their report gets cited here as if it is straight from the Horse's mouth. I remember Twin found glaring discrepancies in what they were saying and what the directors were saying. How can they make a 20-30 Mil revenue estimate while the directors would not indicate that directly ?
Approved by shareholders. Quite right. But I wonder why
4 major banks including their subsidiaries decided to pull out from OBJ in 2011,2012 and 2013. One can also look at how many were against passing their resolution. 20% of the company was against the resolution and yet it only takes 10% of the company to stop hostile takeover.
What does it take to get on the top 20 list ? Probably a million. Pennies for an Insto.
HFT trading is being blamed for all the stock manipulation. However, HFT is the whole reason that your average punter make bread and butter. Without HFT, there would be next to nil MA and stock market would be very boring.
HFT is also the reason for billions of dollar investment in infrastructure and let me tell you if more licenses for HFT were handed out it would be collectively a good step for ASX. ASX knows this very well. Perhaps too well.
HFT does not steal from anyone and I am tired of defending this argument. You may have read 1-2-3-4-5 book and decided to blame HFT. I have worked in an HFT firms and there are more life saving drugs in the market due to HFT then without HFT.
While an average investor may look at possibly 30% growth an insto looks at meager
12 %. For them the issue is
safety.
Not growth. That's why people choose to put money in blue chips. Now we can go into the argument that no company is blue chip but statistically it is considered safe to put your money where the big money is.
Pre the PG announcement , compare the top holders and the stock parcel breakdown and compare that with post PG announcement and you know who was
pushing the price up.
Insto's go through rigorous research. They know in's and out of a company. For an example, by looking at the top 10 , I was able to pull out 6 top holders in OBJ based in
Leederville WA. I am sure that it would be easy for an Insto to dig out other connections. Insto's have the resources and the need to find out everything before investing in a company.
The problem is not that I am holding the INSTO's in highest regard.
The problem is that they were invested in OBJ and they chose to pull out.
7 months post PG announcement we are exactly where we were. Yes you can claim the 633% rise but without an insto(centerstone backing-control-impetus), it is pretty much like a game of dice. No one knows who's pushing or pulling.
Finally, concluding this for once and for all,
a lot of US companies use social media to impact prices of their stock. There is usually a pattern. Rigorous research can bring that out. I am sure you would know that the most.
I am sure you would have a brilliant argument to that all. It does take a failed investor to make a smart investor.Good luck.
(20min delay)