Indeed it is. Both BIQ and BUD have software platforms that help enterprises conserve energy , however BIQ has automatic controlling functions (AI) whilst BUD offers only a monitoring dashboard at this stage. BIQ IMO has a superior technology from CSIRO and despite having 4.3x higher reported revenues in recent 4C compared to BUD , BIQ's Market cap is a mere 9% that of BUD's Mcap. Is there a reason for this disconnect? Well, BUD has a better CEO salesman leading holders to believe that BUD has forecasted committed revenues of $60+ million when in fact those committed revenues were nothing more than sales quota and expectation yet to realise from their distributors. Meanwhile, BIQ has flown under the radar growing its revenues and sq metre footprint across many buildings even the Rockefeller centre without much fanfare or glossy presentation....and traders jump on any stock that scales up quickly and ignore those in hibernation...BIQ will come out of its hibernation as BTH did ...eventually fundamentals prevail ! Dig in into BIQ and see for yourself.
BIQ Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
