This post on Nabtrade seems positive to me ,,,,, I hope it gets the right reaction
OBJ Limited in halt ahead of capital raising
22 09 2015
OBJ Limited(ASX:OBJ) has been granted an ASX trading halt in relation to a capital raising.The halt will last until the earlier of the announcement being made or the start of trade on Thursday 24th September 2015.
Earlier this month the company embarked on a new opportunity in the large scale shaving market through its ongoing and expanding relationship with Procter amp; Gamble (NYSEG).The new work plan sets out a program to quantify the opportunities for OBJrsquo;s magnetic microarray technology to drive new benefits in menrsquo;s and womenrsquo;s shaving products.nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;This follows positive results from the use of its technology in a second major trial conducted by Pamp;G.OBJ had revenue of $1.5 million in FY2015 up 59% from the previous year.It had $3.6 million in cash as at 30th June 2015. nbsp; Proactive Investors Australia is the market leader in producing news articles and research reports on ASX emerging companies with distribution in Australia UK North America and Hong Kong / China.
- Forums
- ASX - By Stock
- WFL
- This is positive in my opinion
This is positive in my opinion
Featured News
Add WFL (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable