This is just my opinion. Every IOT stock on the ASX can only dream of having BUDs credentials.
I've ridden POK and held through the ups and downs since July's announcement to finally BUDs launch tomorrow. I have done my detailed due dilligence and potential.
The sorts of clients that BUD signs up are truly Fortune 5000 and global ie Noveda, Sears, Qantas... etc. Any ASX IOT minnow can only dream of these types of deals.
Technically any price below 20c is a very strong buy but I doubt it will even be trading at these low levels.
No stags as no retailers in Australia got a sniff of the CR. The distribution of the public CR went to overseas funds and investors in small holdings to maintain a stable share register.
If need be dont discount a strategic backer to show up on BUDs doors in due time.
Buckle up ladies and gents, its going to be an amazing ride in FY16.
BUD Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
