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Ann: Buddy Releases Pro Forma Unaudited 1H FY2021 Results, page-104

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LiverpoolOne

1,058 Posts.

241

05/03/21

07:06

Post #: 51535768
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Originally posted by digger29: ↑

Well summarised. Also reiterated a couple of times guidance of first half positive EBITDA and goal (which they remain very optimistic about) to be EBITDA positive in each month of the second half.

Didn’t provide guidance but reminded us that second half is much busier typically sales wise than first half (here’s hoping guidance for second half would be well in excess of $28m - and I would definitely expect it to be) and that we will be able to make whatever we can sell (never been able to do before). That wasn’t even the case first half given financing wasn’t sorted until Jan.

Long story short I’ve still got my reservations. Price action this week has been terrible (which Dave acknowledged) but if (big if I know and I share concerns expressed previously by a lot of you!) we can hit guidance then I’d definitely back in a big second half and would expect a much improved SP.

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thanks digger29 and Mckhenry. Do you guys have a link to post?

BUD Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
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