BUD 0.00% 0.6¢ buddy technologies ltd

The second manufacturer will be an issue, because they don't...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,430 Posts.
    lightbulb Created with Sketch. 1061
    The second manufacturer will be an issue, because they don't actually need it and never did. Or more to the point, they only need one. They built too much inventory with one manufacturer and they're not moving any more volume now. The reality is the second manufacturer is just a waste of shareholder capital premised on SEO promises of 5X production need to fill demand. Clearly, the demand was never there and a competent and honest CEO would be able to work that out.

    And also, for the record of DM to be priced in accurately the shares would have to trade at number no greater than zero.
 
watchlist Created with Sketch. Add BUD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.