BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Intent to acquire IoT security & device Mgt Platform Zentri-BUD.AX, page-21

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  1. 301 Posts.
    The suspension killed the share price. For some reason the sell side always rebuilds much quicker then the buy side for this stock. When this is coupled with the last day of tax time selling a drop in price is highly likely. None of this reflects the fundamentals of the company/acquisition which should be a major positive. I hope in the future the company starts making the enquiries with the ASX a couple of days sooner. So that only trading halts are needed instead of suspensions.
 
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