@Home Builder If wellfully/OBJ could get to $2 in the next 18 months, they would have achieved a lot. The directors tip in is minimal in my opinion. Now Peros is the dark horse... he gets OBJ shares as part of his remuneration. However not being a director does not need to advise everytime he buys. So he could have bought or be looking to buy up to 4.9% (I think he has the $$ to do it) Somewhere in the 162 page document it says the directors can choose who buys etc... He would be in it for more than his salary in my opinion. If OBJ hits $1 in 12 months it reduces the dilution of Danny's share tranche, and if $2 in 24 months reduces it again etc.. Better some dilution that use the cash, as cash is king, especially when you want to develop and roll out new products.. It still perplexes me how OBJ have funded everything to date... On the deal, surely they do not want us to vote without knowing NS financials for first half 2019 and updated inventories , etc Its a done deal or what?? us shareholders do not have a choice but to vote yes as we have no clue what voting no means
OBJ Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
(20min delay)