So come Dec 16 we'll be receiving revenue for Wave I to be reported in the Dec 4C published in Jan 17. By July's 4C we'll have a further 2 quarters of Wave I revenue reported and some Wave II (whatever device/s that'll be) beginning to appear .
I'm interested to hear opinions on what $ figures we're going to need before the market wakes up to the fact that OBJ is the real deal?
IMO it's going to have to be in the range of at least $2-3M by July's 4C to shift the sp north any worthwhile amount. Anything less with SK-II and Olay wands in the Asian market for well over 6 months the market will see the deals negotiated as insignificant. More than $3M and with the knowledge that Olay will be pushed into Europe and Wave II coming on stream the sp will on the boil.
Just to maintain our current sp with a sector P/E ratio of 20.31 will require yearly revenue of $6.5M.
All in my opinion. What are others thoughts?
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