Australia's largest stock trading and investment forum Australia's #1 stock forum

BUD

0.00%

0.6¢ buddy technologies ltd

Ann: Commercial update & completion of DD in Zentri & Noveda-BUD.AX, page-25

First 25 Last

Share
Profile

Follow
Android789

1,672 Posts.

200

30/08/16

23:05

Post #: 18807594
Share

Originally posted by goldbear77 ↑

well a lot of it is repackaged information already in the market.

Theres a $1.5m added sales though thats very nice.

The challenge for me as an investor is to work out how much dilution is goign to be involved in acquiring these businesses vs the value in 2 years

Also appears there is collusive behaviour in the market - yesterday;s rip down was someone getting set with foreknowledge of the announcement. typically thats when mgt is sharing priveledged information with special friend investors.

exactly the same thing happens with EDE and LOM all the time.

I think the shrewd thing here for us on market out of the loop investors is either

- trade the stock - when this happened with EDE and LOM in the run toward financing deals the colluding money pumped the stock price in the run up to dilution to suck in the retail nubs - then dumped it post the transaction completing.
- or buy to hold after the deal is completed.

in both cases the pump was a doubling of the then current share price. so well worth the ride but you dont want to be there for the falloff if you bought the runup

So just make sure you take share price move until vote with a large dose of salt. once deal is done it will shrink a lot before rising later.

Expand

Dilution for what? Funding for further aquistions? why is it assumed they are going to the asx register to raise further funds than they have already got or outlined?

BUD Price at posting: 9.1¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BUX

Buxton projects new graphite province discovery at WA Narryer play

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

There are more pages in this discussion • 44 more messages in this thread...

First 25 Last

Add BUD (ASX) to my watchlist

Ann: Commercial update & completion of DD in Zentri & Noveda-BUD.AX, page-25

Top Stories

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Featured News