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0.6¢ buddy technologies ltd

Ann: Suspension from Official Quotation, page-116

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crazydave1942

7,213 Posts.

613

06/05/20

16:54

Post #: 44469737
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Originally posted by gallea: ↑

Me too. I bought some at 2 cents, sold at 2.9 cents and back in at 0.9. Fair shake of the sauce bottle, the corona virus has hit everyone hard, LIFX will recover, this announcement confirms it. Floor in place, shouldn't go down below 0.7 cents on a bad day, but eventually will rise again even if it takes a year or two. Social distancing means more time at home instead of pubs and restaurants, and home theatre and games need the atmosphere of magic lighting.

Superior tech will win out in the end. Sooner or later DM will win a trick. Can't lose every hand forever holding a few aces!

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How can it recover when the business burns cash.

Before covid it was still burning cash like no tomorrow.

Why after so many cost cutting exercises I have no idea.

BUD Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
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