BUD 0.00% 0.6¢ buddy technologies ltd

BUD Launching!, page-44

  1. 2,216 Posts.
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    Mate I'll be surprised if we ever see anywhere near 15c... The CR WAS heavily oversubscribed. People only got small parcels of shares, unlikely enough to justify settling for only a 50% profit. Given the substantial exercise of options I'm expecting the base to be in the low 20s... But if we see Aus/NZ institutions move in (wouldn't be surprised if Dave follows up the open with a large Ann a few days after) we could easily see a massive spike upward and then a new base forming in the high 20s low 30s.

    Baring in mind all the BUD shares are in a 2 year escrow too!
 
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