Lionheart far too early to call it IMO with every product launch momentum must build and we won't know what it means in dollar figures until at least 6months down the track.
-We still don't know who the board will be but IMO it will be a company defining event.
-Second tech testings have expanded to multiple geographical locations so once again the timeline must've been extended, then we must make sense of the data and fine tune the hardware which according to P&G is a highly complex undertaking so once again more time.
-Next with surface hygiene it is still some ways off commercialisation according to Steve from the conference call.
-Now bodyguard is most interesting, not IBU of course that will still be another 4-5years away. But in the conference call made last year Jeff anticipated a product being commercialised this year either by a partner or by us so it could well be interesting times in 2018 for bodyguard. But to throw a spanner in the works Steve said that we are finalising costing then deciding on whether to go with a partner or alone so who has a clue how close we are to the finish line.
Not to burst your bubble Lionheart but we are very much still at a point where the company is as clear as mud. New management are on their way and hopefully with that a clearer picture of who we are and where we are headed are painted for the general market until then we are headless chooks IMO of course.
OBJ Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
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