technical update, page-67

Good point fumoy. However there would be some questions on market capitilsation. For example, do you include in the money options, long-dated, short-dated. Unlisted options? International registries? Other share issue mechanisms? Does the company have any money in the bank ie will there be a large placement soon? Has there already just been a placement but the shares not issued yet. Does the company have any loans? $100mill marketcap is pretty meaningless if they owe $200mill.

There's just too many variables in my opinion to make tracking charts for market capitilisation.

Compare this stock to VMoto who has definate earnings and growth in the Millions and Mcap $55 mil and VMT is better value than OBJ.

Not if OBJ announce a deal with P&G for a currently existing product tomorrow. What you're saying is you should value a company on their earnings and earnings growth, not on their potential to make money further down the track. it's like saying a small gold producing miner should have a higher marketcap than an explorer who has just discovered the biggest low-cost near surface pit mine ever but don't yet earn revenues.

For what it's worth I see the potential of OBJ is much much greater than VMT. VMT competition is intense and companies operating in China always have their potential pumped up and often disappoint. Not saying this will be the case for VMT but OBJ technology is way more far-reaching and has a much greater barrier to entry for their technology invention.

Anyway well done for getting your cross-promotion in :-)