Ann: Change of Director's Interest Notice, page-18

If the ship was genuinely sinking, why would you drop more in knowing you are going to lose? Sure, hope plays a massive part here, but hope isn't getting deals done, and you could argue fore and against deals getting done.

I believe that the IOT space in general is going to change the world. Buddy is a few years ahead of the general public IMO. Have a look at what 5G is going to do to the auto space. Every building in the world will in some way be encouraged to be smarter in one way or another. Building monitoring will be huge. I work in commercial property and NABERS is taken very seriously. You can't advertise a significant building without NABERS and there are fines if you do.

BUD IMO is ahead of its time. IF it can manage to stay afloat for a couple more years, the potential is enormous. DM has made mistakes, he has over promised and is yet to deliver. But that doesn't mean he can't. The team are getting deals done, we await a while or 3. If one lands, everything changes. If one doesn't, then we wait for volume to change it all.

IMO the change is coming. It's whether or not BUD will be at the forefront. But I'm backing my horse in, as I believe it has its nose at the front of the race. LIFX makes it all the more sweeter as the synergies are great.

I respect everyone's opinion here - both up and down - but I believe in my investment, albeit currently down a lot.