Originally posted by notlistening14
Excellent.
Will post a summary shortly.
In the interim -
@Coit our answer is on slide 37 - HUGE!!!clear.png
@holymoly of course there isn’t a capital raise coming - Buddy has over $20m cash - this is just management addressing the languishing/ridiculously undervalued SP.
I added a few shares yesterday at 10c. No brainer from here IMO.
Thanks
@notlistening14 for highlighting that bit. I hate reading powerpoint slides without context.
"In Q1FY19, we sold more Buddy Ohm sites (each site has one or more systems) than we had in the prior history of the company. We expect to do this again in Q2 (despite holidays)."
I trust it's all good but still unclear to me for the same reasons.
Correct me if I am wrong but BUD '
could' have:
- Sold 5 OHMS into 1 site in the prior history of the company and
- Sold 2 OHMS into 2 sites in Q1FY19
and satisfied that statement.
I don't honestly suspect that to be the case, my point only being that these metrics do not give the market insighful information and leave it to speculate.
The timing of an investor preso is odd to me unless there is a trade show impending.
With the quarterly are they deflecting from numbers that they think the market will not like? Am i reading too much into it.