BUD buddy technologies ltd

Ann: Appendix 4C - quarterly, page-9

  1. 1,565 Posts.
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    Tad disappointing for mine. Was hoping for more than a 5% increase in revenue. To be fair DM did forewarn this quarter would be quiet from a revenue perspective. Looks like we will need to come back in 6 months to really know if this is going to fly. Pleasing none of the instos have sold out. Thought they may have cashed in and bought back in.

    Reading that announcement makes me think this ASX inquiry relates specifically to the global deal and management's inability to provide any revenue guidance. On that basis I am reasonably confident all is above aboard. Dave has been generally top notch with his communications and stressed he doesn't wish to be a company that makes pointless announcements.

    Suspect we may go a bit lower in the short term but let's wait and see. I will continue to hold.
 
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