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What's your take ABDM?, page-70

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rebel1

26,613 Posts.

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05/10/17

15:27

Post #: 27687549
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Originally posted by Westhx ↑

Must be getting close to capitulation. Volume is slowly picking up. If it enters the 2's I think we will see a lot of buyers coming in.

The entire P&G partnership, despite potentially growing exponentially over the next few quarters, is seemingly being viewed by the market as a failure. The price is now pre anything P&G. I wonder what B&Y clients are doing.

The market cap is hardly over-inflated now, although the market may still disagree. Management have been there own worst enemy by focusing on performance shares instead of shareholders interests. They owe it to shareholders to prove that this P&G relationship will generate net income in 2018. Once this is either confirmed or even just communicated the share price will change trend.

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Wonder if its real trades or someone rattling the tree.. could be the same shares going round and round... We retail people cant sell to ourselves , but entities can , and do..

And they scoop up the loose shares from the weak hands... seems a lot of volume at cheap prices... determined to rattle us

OBJ Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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