Tech drives OBJ’s magnetic attraction, page-6

  1. 4,114 Posts.
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    Nifty, sensational find mate. Its funny how i have lost some of the excitement but when i read articles or posts from abdm that spark is reignited. Such was this article, just great and a testament to management's conservative ways but they never lose sight of the end goal and tread with patience rather than pumping the stock. Word is starting to seep through the investment community and its at a time when the stars are all aligning, this means that when new investors jump on board they will see a quicker return for their money as opposed to having wait for years for the P&G licencing deal of this year to surface which means less volatility and a stronger share holding base as us LT'ers won't be letting go of our cheap shares that we have accumulated over the years anytime soon.  Just good vibes all round, GL objers!

    “We signed a wide-ranging product development agreement with Proctor & Gamble in April, and have also signed the first licensing agreement which clears the way for that product to be brought to the market. - See more at: http://www.businessnews.com.au/article/Tech-drives-OBJ-s-magnetic-attraction#sthash.w2TfNyEt.dpuf"

    "However, in OBJ presentations filed at the ASX, Proctor & Gamble brand names mentioned include Olay (a range of skin care products), Head&Shoulders (hair shampoo and conditioner), Braun (electric shavers), Gillette (bladed razors) and SK-11 (skin care). - See more at: http://www.businessnews.com.au/article/Tech-drives-OBJ-s-magnetic-attraction#sthash.w2TfNyEt.dpuf"

    "Coty is paying for all development costs, consumer testing and evaluation with a licence agreements expected after the completion of successful consumer-acceptance testing. - See more at: http://www.businessnews.com.au/article/Tech-drives-OBJ-s-magnetic-attraction#sthash.w2TfNyEt.dpuf"

    "Financially, the performance of OBJ is yet to be tested, but it will largely depend on consumers being willing to pay a little more for products already in widespread community use with the promise of enhanced effectiveness.
    OBJ’s cut will come in the form of a micro-payment for every item sold, but when the products being sold by companies such as GlaxoSmithKline, Proctor & Gamble, and Coty total in the millions of items per week (and in some cases per day), the potential can be easily seen.
    - See more at: http://www.businessnews.com.au/article/Tech-drives-OBJ-s-magnetic-attraction#sthash.w2TfNyEt.dpuf"
 
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