BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Trading Halt, page-34

  1. 16,299 Posts.
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    Material orders are not sales ?? , just means available to order. I would think people have other priorities than Lifx lights over the next 6 months.

    https://*********.com.au/buddy-technologies-vows-shake-up-smart-lighting-market-latest-product-release/

    Retail partners have reportedly provided global order forecast volumes considered large enough to warrant a first parts and manufacturing order of 500,000 lights.

    Typically these forecasts are made well in advance of actual orders coming in, as products take an average of three months to be manufactured, shipped and warehoused, ready for ordering by retailers.



 
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