BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Response to ASX Aware Letter, page-88

  1. 1,766 Posts.
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    " LET THE SHAREPRICE DO THE TALKING..."

    With the SP @17c, its a great consolation for holders of a share who thought outside the square, who accepted contrarian ideas on their merits & with a clear head, made decisions themselves to either SELL or BUY back, to their ultimate benefit.

    And so shareholders Jastanis, maybe 1Ronnie or others, who either themselves or with abit of discussion, did the hard decision, but it was needed to be done- can buy back now at 17c, maybe even 16.5, 16c. From a 20c Sell right on day of the response to the warning flags raised by the ASX to a 17c SP today, a 15% GAIN (difference) if you were a long term believer and BUY back today. Better still, buy back moro on a fri, right before Daves webinar on mon which as usual, should steady the SP somewhat.

    The point of this is not to rub into the noses of the coits, mjbs or any bullies who take liberty at ridicule of others who had a different view on BUD. Yes you did get it wrong in this case, specifically, you ranted and ramped that SP will be boosted on RE-OPEN and people should probably buy more. The point is the ranting takes the air away from a healthy discussion where others might benefit from others correct predictions. From replacing their stock back at a lower price.

    You dont need an essay or quotes, & arguments- it could be just brief points and the ultimate decider is if you are RIGHT. Not needing to spell all issues out, as it has been done by others & some by me before, re: analysing revenues & factoring the RISK into the SP of what may / may not eventuate. But the selling of large numbers of shares by 3 directors was a red flag- fr 23-24c down to 20.5c I think, but do not quote me.

    SP will always go UP AND DOWN. LT holders (years timeframe) for a stock which doesn't bust (90% of startups don't make it past 2-3 of financing, thats stats) should still be winners. But feel something for the guy who bought in BUD @35c after the ramps and ramps here of the "monster" deal - Telstra. ( believe me, I know and have been here for a while). How does he feel & how helpful is it to hear u Coit, going on how great it is, all the way down to 17c???

    No, thats ok - nothing wrong with positivity- it's your shooting down of others on the pretense of fact and good research - which bugs me and im sure a few others on this thread- the most. Afterall, you criticise others on it but its still really just your opinion, real bad ones- as shown by the current SP- and research & quotes which you take out of context to try and influence others to your own ends .

    And as we speak 16c has been hit. Seems that me, 1Ronnie, Jastanis must be so wrong with our non analyltic posts after all??
 
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