Ann: Despatch of Share Purchase Plan Offer to Shareholders-OBL.AX, page-7

loaner007

I don't think all the sophies still support them. Take newregime the number one poster on this forum for years. Gone never to be seen again. Why...........because he knows

The substantial shareholder who sent the letter about wanting to take over the company and then selling shares.

If the remaining sophies are supporting them what's it based on ? In my opinion this ASX term sophisticated investor should be changed to gullible gambler. There's a history of other sophisticated investors supporting other speculative companies and never making a cracker out of it.

OBL's sophisticated investors supporting the company for years at higher prices than now has made them huge losses. There's nothing sophisticated about that.

I don't know but maybe with the sophies it's more about trying to save face or some semblance of dignity.

Whatever happens from here will be no surprise