BUD buddy technologies ltd

Ann: Update to Financing Arrangements, page-35

  1. 501 Posts.
    lightbulb Created with Sketch. 84
    Just doing a quick google at light products
    Pretttyy cheap to go with Kogan, or any other generic brand:
    https://hotcopper.com.au/data/attachments/1712/1712737-e001c5230dded5363a86cccf99eefcd4.jpg

    compared to LIFx
    https://hotcopper.com.au/data/attachments/1712/1712739-5ba990f2cccbde390311078b85f3ee7c.jpg

    Why pay an extra $30-$50 for a bulb that does the exact same thing?
    First mover advantage doesn't really seem to be in effect. Looking at consumer cyclicals, won't be many people rushing out to get a light changing bulb when there's imminent fears of recession and limited wage inflation.

    I have long been in this stock since about 15c, but might be time to exit and preserve my capital. I don't see this shooting the lights out (pardon the pun) any time soon.

    GLTAH - don't be blinded by your faith in companies (sorry for all the light puns)
 
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