for my 2cents worth, i think an extension has been priced into...

for my 2cents worth, i think an extension has been priced into this at the moment so an extension would be seen as confirmation of positive news and we will see a rise. i dont hink we will see a take over, as some other comments have been made in this thread that these guys take their time and this is serious business. anyone who speculates that an offer for take over of OBJ is peanuts for these companies is just plain ignorant. in the scheme of things a take over would be relatively in significant for the market cap of 3M, but doesnt mean they will be any less diligent on the assessment of the technology and market opportunity as well as costs of commercialisation.

Given the above, my money is on a relative neutral range of announcements could be, from worst case: that the testing under the MTA was useful and 3M now are assessing their next steps to the more optimistic, that the MTA has now lead to a new range of tests. The latter giving us all hope, as once again 3M is investing in the opportunity - before you all jump on my back and say investing in more test is insignificant for 3M (which on a costs basis it is) the real cost for them is opportunity cost - where else could they be investing their money for potentially better returns.

So all in all my position is neutral announcement from OBJ that says the MTA and tests were successful and warrant some futrther investigation.

Again only my opinion