WFL 0.00% 0.3¢ wellfully limited

tomorrow's announcement, page-6

  1. 763 Posts.
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    Hi TT. We're expecting a material a-greement, so I'm expecting some level of shareprice appreciation. A sell off would only occur with a material dis-agreement!

    Crap jokes aside, the Trading Halt itself, pertaining to a material agreement, points to positive news. If it were negative news, it would not be referred to as an agreement (and there would probably be no trading halt).

    A sell off is highly unlikely, even if the announcement is related to the OBJ knee patch, because it is still a material agreement.

    I know a few have already outlined the dictionary meaning of the word "material", so I won't do the same. However it suggests that whatever the announcement is related to, it will be an agreement with another organisation, and it will be of substance.

    As long term holders, we all want the deal to be with P&G. Ideally, it would outline the proposal to use OBJ tech across multiple product platforms. However, the appreciation in OBJ's shareprice won't be off the back of us buying more shares. It will be off the back of new investors, from mum and dads to institutionals, hearing the OBJ story for perhaps the first time, understanding that they are a revenue generating organisation, and wanting their piece of the pie.

    As long as the announcement provides even a basic outline of a process in which money will end up being deposited into OBJ's bank account, the shareprice will rise, as these new investors will have the confidence to invest their hard earned in the knowledge that OBJ finally has it's first score on the board.

    Even at the eleventh hour, the dot joining continues!
 
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