BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Buddy passes major connected device transaction milestone-BUD.AX, page-95

  1. 458 Posts.
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    The link between connections and revenue is not there yet. Revenue is what will drive the price up significantly.

    If the first milestone (achieved 17 months ahead of schedule no less) is negligible in terms of the $ Buddy is currently earning, then the implication is that the next milestone might bear the same. So the question is, are we comfortable that the connections contribute in a meaningful way to the growth strategy of the company and its ability to earn meaningful revenue as a result?

    Hollow numbers dilute your holdings and create downward SP momentum. Having said that I remain positive about the long-term prospects of this company and will continue to top-up as I see opportunities arise.

    gltah
    Last edited by GoodNewsEverybody: 18/07/16
 
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