BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Update on Reseller Arrangements in Australia, page-107

  1. 2,097 Posts.
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    Can't explain in words it's only feeling. See in there last aware query there is very little mention about Telstra (if see in 2017 when this proposed deal was declared maximum volume and SP hike 15~20%). BUD have anticipated this downturn before and also knows that Quarterly is just down the corner. They might have decided during TH times that they will declare Telstra bad news and for sure it's not spontaneous decision brewing from last many weeks possibly months. Can't even imagine pressure that David must be under now that everyone knows he sold off many of his shares when SP was .23 C. All this times we have been talking about how transparent BUD is... this is start of end old policies within BUD and perhaps fundamentals too. We are either getting another Ann this week or David is resigning in next 6 months. Possibly I still have trust on this technology but trusting MT is stupidity. Entire growth of SP is based on agreements, FC and somewhat SH trust on IOT technologies. This downturn in SP is real push for sales and MT to generate revenue. IMO DYOR
 
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