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0.6¢ buddy technologies ltd

Ann: Update on March Results - Financial Guidance, page-19

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Remickz

467 Posts.

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27/04/21

19:45

Post #: 52761303
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Originally posted by Sameh18: ↑

Surely the company and board could have had some foresight to know that there was a worldwide conductor chip issue happening, and that this would be a threat to the ongoing supply chain. Surely if you were in this situation you would prepay for the parts to guarantee continuation of supply.

This issue is not something that has just happened overnight, they have had plenty of time to analyse for potential threats and plan for contingency. This is poor management.

We all believe in the product, we all want it to do well.
Unfortunately I can’t say the same about management.

Expand

Unfortunately it's everyone.
Automotive manufacturers are starting to hold back production now, or produce without modules and needing to retrofit after this clears up.
No point whinging about a global issue.

accounting error on the other hand....

BUD Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
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