Yes Garry Fisher has been selling for some time now also and still has 5m shares to sell if he wants to. He wouldn't be selling because he needs the money as he is extremely wealthy. Really not sure why they are listed and I wonder where the share price would be if the founder didn't own 65% of the business, as there are only so many shares on the market available to investors and the business is on an extremely high multiple for a business which hasn't shown exceptional growth over the year or two.
Why would they avoid questions about customer exposure I wonder. I am guessing a huge part of their business would be controlled by government/councils. This is a risk I would imagine as if councils found an alternative then the impact on Objective could be very significant. I would be interested if anyone knows who there main competitors are.
One also has to ask why they have suddenly decided to do investor presentations, when they have never done so in the past and have so much cash on their balance sheet. Tony Walls has never presented their results in all the time they have been listed.