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BUD buddy technologies ltd

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Where are we? November 2018, page-18

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Bayswaterguy

1,737 Posts.

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04/11/18

19:45

Post #: 36385177
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Originally posted by crazydave1942 ↑

Originally posted by Lazarus65
Your entire post is entirely irrelevant! Ohm did not exist 2 years ago, hence I am curious as to what “the story” was to get the OP to invest, and what has actually happened to that story to sour his/her perspective.

i am curious, because 2 years ago I don’t think BUD had a clearly articulated story, let alone a roadmap to achieving it. They were broadly in the IOT sphere and were looking at a couple of acquisitions to get into the smart cities space. Ohm emerged from the failure of those acquisitions to complete, and the journey since then, over the last 15 months or so, has been one where progress has been solid and gaps in expectations between some investors and reality are as much to do with shareholder naivety as it does to over egging by the listed promoters. Little bit of column A and little bit of column B but rather than engage in some personal reflection, it is easier to blame the expectation setting on management. I also had higher expectations than has transpired in reality, but have reflected on my contribution to that. There is little doubt that the BUD journey with Ohm is beyond the direct experience of management (hence perhaps the naivety in timeframes required to secure and then properly engage distribution channels) but that is not to say it is beyond their ability. The world is replete with very successful entrepreneurs whose success is based on ability, drive and passion (and some luck) as opposed to leveraging experience.

So I hark back to the “2 years” milepost. The story since then has only got better. So to the execution and the results.

IMO. GLTA.
I think the two years thing may be exaggerated but the point is correct. it would be around 1.5 yrs now.

Well if you add in the failed acquisition that is around two years of stories.

Blame expectation on management no way management set the expectations themselves.

I have no expectation, i think the company is doing well, the statement at the end of the day is what the market is pricing BUDDY on.

That's my issue is that statement or statements made by the company at that time are affecting BUD now.

The market needs to be satisfied not the buddy shareholders, all IMO.

MAKING MONEY IS THE NAME OF THE GAME.

Expand

Hi crazydave, you say the market is pricing BUDDY?
Do you think the SP is being manipulated?
Truthfully???
We have algos/bots in the buyers and sellers side. More is getting bought up opposed to being sold down. Look up broker data to see for yourself.
Call it what you wish, accumulation, soaking or mopping. It's a good sign that someone big wants as many shares as possible for cheap.
Friday 3 lines of 900ish k shares each got bought up @ 10.5, 11 and 11.5¢, with a large amount being bought in the last hour,
AND THEN AT CLOSING SOMEONE's WANTS TO OFFER 400ish k shares @ 10¢.
Well that's purely big boys throwing away money for a reason, to keep the SP down.

Easy to say the market judges and makes the SP, it's simply not true. Share price manipulation happens every day with some stocks.

One last thing, "ahah!" lol, no hard feelings mate, SUSS out the broker data.

BUD Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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