Ann: Trading Halt, page-54

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bentas74

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18/04/18

08:37

Post #: 32515399
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Originally posted by 1ronnie ↑

The last suspension coincided with the wider malaise at Wall St, when most other small cap techs took a beating, BUD was shielded and upon reinstatement actually rose on the day but which as we know did not sustain.

It could be more of a progressive bleed in search of validation with intermittent excitements.

Be it Telstra or Dicker or whomever, I don't see it as providing any impetus one way or the other as it is part and parcel of the discovery and business development phase. I doubt if these companies can sell any better than parties specialising in energy management. Like I said before, big name resellers sell lots of items and they take on wide range of offering hoping to cater to their pool of customers but I really don't see Telstra or Dicker proactively selling Ohm by placing dedicated account execs to the cause. Big names may give a good impression of bigger things to come but I question if they can maintain resource interest if after initial market discovery, market acceptance does not measure up.

You can only buy so much time announcing business development initiatives, but the market will judge you based on delivery. Its a waiting game, will you want to wait to find out? Or risk manage your bet?

Just tracking eyeballs on the BUD thread, I have to say that this stock does have a wide and loyal audience (they may not practise stop losses), the danger is when interests start to wane.

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your audience must shrink everyday you post ,

BUD Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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Ann: Trading Halt, page-54

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