I am surprised it has tanked. Perhaps it is the realisation or confirmation that we have only sold 43 Ohms all up, which I just helped to highlight, that caused the fall. The Nestle whale with 400 facilities obviously got beached.
However, LIFX is going gangbusters whilst Ohm draws its breath for another go..
I think at 3.3 cents, it is a good opportunity to buy... and have changed my sentiment back to Buy, although I don't have any money to put where my mouth is. Just getting back to the CR of 8 cents is about 130% profit from 3.3 cents.
Remember that DM is the top SH with just shy of 7% of the Company, and DM Capital Management hold another 2%, is that the same DM? Seems like enough skin in the game to want the company to do extremely well in the long run!
DM bought up LIFX which I think will be seen as a brilliant move when seen in the rear view mirror a few years hence. I certainly hope so, as I bought my last parcel at 4.9 cents.
BUD Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held