The company repeatedly told shareholders finance was fixed. Trade finance was in place to allow them to meet demand in 2020. The company then blames Covid for failing to meet any kind of revenue guidance. Then in the AGM a week or so ago we're told that the trade finance was actually too onerous to use. That, plus the manufacturers demand for cash up front, meant Lifx couldn't make anything. So we've been totally misled for a long time.
And you rely on hope over facts Holdtight. Glass half empty! You've been wrong about EVERYTHING for 4 years, yet you still preach to us all!
BUD Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
