BUD 0.00% 0.6¢ buddy technologies ltd

I think everyone should lay off the ASX. They are copping a lot...

  1. 57 Posts.
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    I think everyone should lay off the ASX. They are copping a lot of flack from the fall out of GSW and BIG. No one knows what's going on behind the scenes.

    Think about this as a scenario:

    Dave has previously said he did not want to give detailed figures on various parts of the business as it may give competitors an advantage. We aren't talking secret recipes here. We are talking about valuable information that investors need to appropriately value the stock. If what we all hope comes true, we could see massive upward price moves on each quarterly release as that's the only data we can invest on. Is that a fair and orderly market ? I think not. Overstating or understanding can have the same volatility consequences. No one wants either.

    I don't know what the answer is but i can see both arguments ( if this is indeed the case ) 100% speculation here although it's my best guess/hope.
 
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