BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Request for Extension of Voluntary Suspension, page-155

  1. 9,782 Posts.
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    @techfacts

    my guess is they are going to provide earnings guidance or some other similar granular future forecast

    if you havent done it before - and especially if you haven no prior earnings history to guide you - it demands a lot of estimates reviews, more reviews, revisions and then multiple signoff rounds by cfo, ceo and then sometimes chairman

    and as you get down to countdown to release its common to identify tiny tiny little changes you want to make - that then need another round of signoffs.

    thats how you get shifted from 'i need a few weeks to 'a few days' to 'monday' to 'tuesday'.

    could be the same behaviour just in a normal response to the ASX - but the length of the suspension hints at something else

    it would be one way to cleanse the 'whatifs' in one go that showed a lot of integrity
    just my 2c
 
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