Understandable excitement about the SP, and I get the sense that there may be a lot of new investors on BUD. Perhaps not all of them are here for the short term trade and may be focused on a far more lucrative outcome than the next few cents. Lot of "if's" about to follow, to which we can all apply our personal probabilities to:
If the first 1,000 Ohm units are successfully deployed and BUD orders the planned 10,000 unit batch to meet the waiting lists and latent demand in AUS, US & perhaps HK; and if all those units are installed and operating within 12 months; and if at that point in time recurring revenue was around A$260m (11,000 x 1500 x 12 / 0.75); and if the value multiple was as low as 2x revenue; and if you ignored revenue from Buddy Platform; and if you ignored money from selling 'alternate data' derived from the explosively growing Forever Free Parse Platform - then SP could be about 10 bags from here in 12-18 months. Or even a lot more than 10 bags if you don't exclude some of the preceding and/or if the market applies a higher value multiple.
Time will tell, but it appears that momentum has been created for the above to play out. Confirmation of the milestones of that journey will be critical. Announcements, quarterlies and twitter flow (to some extent) will play that role. If these milestones confirm what Dave and the team have cracked, then lookout! IMO.
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