BUD 0.00% 0.6¢ buddy technologies ltd

Ann: CEO letter to shareholders, page-37

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  1. 723 Posts.
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    "The biggest immediate change will be the move to utilise WattWatchers hardware to support our future Ohm electrical installations. This won’t reset any of our tenders or project bids, although it may give us an opportunity to reprice those. Our average bill of materials for installs will drop by nearly 70%, and our cost of ongoing operations on a per site basis will drop by 75%.
    Importantly, moving to third party hardware as the collection sources for data inbound to the Buddy Ohm cloud in no way restricts the bids and tenders that are currently outstanding (all of which remain in play), nor impacts negatively on any of our distribution or reseller arrangements."

    'all of which remain in play...'

    So back in April 2019 we still had all these tenders in play, were able to re-tender them cheaper because of WattWatchers, AND HAVE NEVER HEARD ANYTHING SINCE!!! ASIC/ASX please do your jobs!
 
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