BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Appendix 4C August 2021, page-127

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    They are obligated to release Quarterly Activities Report under the ASX listing rules. Things to look for:

    • Movement in inventory compared to manufacturing and sales
    • Reconciling previously stated revenue with actual cash receipts (indicates whether orders are falling over)
    • Critical Component supply update
    • Amount of stock available to be sold over the holiday season

    You want to get the best picture you can of what is happening in the current quarter. Expect to have to dig to find out the bad news, DM usually hides it pretty well. But be prepared to be brutally honest, because if the Dec qtr isn't stellar then BUD viability is in serious doubt.
 
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Currently unlisted public company.

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