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retiredyoung

8,751 Posts.

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30/10/17

10:03

Post #: 28302195
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Originally posted by Faye Dingaway ↑

Thanks Coit you're right that they're thinking that way, but the idea that Ohm presents a fully integrated solution for a new build is not there yet. Remember Ohm is all about reducing energy use in existing infrastructure, not constructing a low-use ecosystem. Ohm is simply not there yet and may never be.

Happy to see developments come over time though.

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Hi Faye Dingaway

In my opinion improving and adding new products will be important as todays announcement indicates:

In addition to funding international expansion of the Company's primary product lines, including rapidly accelerated growth and expansion of Buddy Ohm into new territories and regions, the proceeds of the placement will also be utilised to advance the Company’s research and development efforts. In order to be globally competitive, Buddy’s investment in ongoing product R&D must continue to be a priority. This placement ensures that will remain the case.

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BUD Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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