BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Appendix 4C August 2021, page-70

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  1. 84 Posts.
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    All good assumptions unless..... Someone knows more than what we do.
    What worries me is the ability to raise further funds when needed. With the SP at this level, how many billions of shares they need to issue in order to raise a decent amount of money in order to be able to continue their operation? The only hope we have is that they'll become (magically) EBIDTA positive for the next 2 quarters and then either the market re-rates this stock and enables the coy to raise some capital at a better level, always providing we can maintain an EBITDA positive result going forward in the following quarters.
    Someone (those dumping shares on the market) may think that this could just be wishful thinking and prefer to cut a loss and move elsewhere before the value of their holding goes to "0" or it becomes too hard to move in a "suspension" situation.
    All IMO
 
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