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

BUD

Click for more information

0.00%

0.6¢ buddy technologies ltd

Positive thread, page-8

First 8 Last

Share
Profile

Follow
nobaggage

557 Posts.

70

07/03/19

19:08

Post #: 37690157
Share

Originally posted by Colstone ↑

If LIFX gets the nod then the current share price is incorrect.
Sure there are concerns around the tariff but there is a lot of positive information coming out from both the China and US atm and they have set a date towards the end of March on the agreement. obviously that date can shift and it's not in stone. But there is no need to set a date like that if no deal is done.
revenues are 44mil and half the shares in BUD are tied up until over 100mil revenues. Why would anyone do that if they didn't know something about their company.
Institutional investors were more than happy to provide more capital at 8 cents for the LIFX deal. They either just wanted to light a match and burn some money or they have more faith.
If you look at the whole picture Thor got renegotiated and those revenues should be back this quarter. tick.
OHM sales are continuing to grow but focus did shift towards this deal so that might underpin the quarter.
they have plenty of cash. Its a cheap play at 6.5 cents. As a pure risk reward trade you can prob buy it here and worst case stop at 3 or 4 cents in 9 months. But I doubt we see those levels.
DYOR

Expand

"Ohm sales are continuing to grow"
LOL . Who told you this, Dave?

BUD Price at posting: 6.4¢ Sentiment: Sell Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

AI stocks: What to expect in 2024-25

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

MCT

Metalicity looking for offers on Admiral Bay zinc project

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Talking Australia's very competitive property landscape: Realty Talks

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

There are more pages in this discussion • 3 more messages in this thread...

First 8 Last

Add BUD (ASX) to my watchlist