I don't mind being the odd one out here. Bhutos "Why would "the...

I don't mind being the odd one out here.

Bhutos "Why would "the ones in the know" get their full allocation when they can get it cheaper on market right now?"

Think about your statement, if you were wanting to get cheaper on market there are only a finite amount of shares to take before you would be above the SPP. I will take my full allocation and get 1.7mil shares at .08 I will also buy on market.

Boz, you probably know of OBJ. Sentiment was languishing and then the company decided to do a large and what was considered unnecessary cap raising at a low price. When the underwriter pulled out because of world events 'boston marathon' a lot of people had chicken little syndrome. Not many wanted to participate in the SPP and along came a broker who hoovered up a lot of shares and made a killing. I did ok but could have made a lot more.

Management were criticised for offering full shares at such a low price. The loyal investors were looked after handsomely.

I see similarities here, particularly with their strategic plan and potential. I talk to management often and haven't had those hour long conversations that was previously mentioned by another poster.

Each to their own, but I feel very confident at least that there is upside to this share.