To be honest - the market does not get it. The market is looking for revenue. Those in the know, already know - the revenue is well on it's way.
If you "get" what BUDDY is up to - then you are streets ahead of the market. Now is that not where you wish to be?
These guys are the real deal.
26 years of hard core IT tells me that (I go back pre Internet so that makes me old).
Consider this;
Feb 29th, 2016
P6
INETERIM FINANCIAL REPORT (4D) REVIEW
REVENUE GUIDANCE There has been commentary from some investors that they’d like to see greater revenue transparency, in particular with regard to ASX announcements concerning customers landed or partnerships struck. Given the very nascent and yet highly competitive environment that the IoT industry is becoming, the dollar value of individual deals is very valuable information for competitors and sharing this information limits the Company from operating as competitively as possible when negotiating subsequent customer deals. To any extent possible, management is committed to sharing with investors the specific financial details of material deals and relationships, however not at the expense of the Company’s ability to negotiate and compete. Accordingly, revenue guidance is not being given at this point, nor will such guidance be given on a deal-by-deal basis unless circumstances specifically permit the Company to do so.
Investors can be assured that the Company, and management specifically, will remain as communicative as possible about the business traction and progress the Company is making.
Just think of the number of estimated "devices" in the IoT... this is BIG!
All the best and please do your research,
Gracie
BUD Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held