BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14

  1. 1,430 Posts.
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    @McKhenry just quickly, the biggest concerns in this report are the contradictions. I would be concerned the LIFX products just aren't selling as DM would make you believe.

    Why else would you, all of a sudden, have too much inventory?

    Why else would the chip components required to get through until mid 22 only be 1.3m, well below previous expectations?

    These don't support a second manufacturer coming online.

    If one were cynical of DM, they would think he is telling shareholders what they want to hear to conceal his own incomptence.
 
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