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

The market has spoken, whilst it has punished us a little for...

First 15 Last

Share
Profile

Follow
JimmC

308 Posts.

26

06/02/19

10:52

Post #: 37346029
Share

Originally posted by Holdtight ↑

1.7b shares will be issued after the acquisition.at 9cc that is a market cap of both companies together of $153m. Bid energy market cap with $6m in revenue is about the same. LIFX is double revenue every year whilst capital constrained. a $70m revenue company should have a market cap of about $270m $350m....and that about 18-21c and gives zero value to ohm and cloud. If you put a 5-6c low ball figure on that business then 23-27c is fair. Then next year in 2020 if revenue is $200m market cap could be close $800m to $1b. $47c - 58c with all the dilution.
Doesn't give an value to the synergies the two businesses with have...I am stoked with this deal. Down side is now limited on LIFX alone. DE-RISK TIME

Expand

The market has spoken, whilst it has punished us a little for the Digicel deal, it seems to think this is a good acquisition. Will close in the green today. Well done all holders.

BUD Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BUX

Buxton projects new graphite province discovery at WA Narryer play

There are more pages in this discussion • 327 more messages in this thread...

First 15 Last

Add BUD (ASX) to my watchlist