Even before they bought Lifx the valuation of BUD reached tulip levels on low revenue. The HC boiler room was chugging along on how high it will go .
Here is my first post in 2016 , 02/02/16 19.5c
Id take some profits on this - valuation appears well overvalued imo , looks like over $150m and over $200 fully diluted , its got potential but it's yet to show it.
Net asset of the Buddy Platform is only $800K
CAPITAL STRUCTURE - 23rd December, 2015
759,532,819 shares on issue , 45,307,715 options , 91,000,000 performance shares , 32,270,858 Performance Rights
Here is one of my more funniest posts regarding the appointment of a seasoned Director. 12/02/16 13.5c
"What's he been seasoned with - salt, pepper, herbs, or spices"
BUD Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
