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31/01/18
10:28
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Originally posted by MickySea
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I'd like to think that although I'm an investor and bullish, I'm not a cheerleader. Having said that, I don't think that's the case. GSW made huge announcements indicating the total addressable market was in fact guaranteed revenue. They also made cryptic "non" announcements like the Amazon one. Besides, yesterday's announcement was purely for distribution so how can there be any revenue figures. GSW would include revenue figures that in no way reflected the actual agreement (LOI, MOU) they had reached. This is not BUD.
But, it is a query from the ASX, not a halt at BUD's. Not sure if this means a discrepancy with the 4C or something else, perhaps some strange volume yesterday - I'm grasping at straws as I simply don't know.
I will add, although I don't think this is necessary bad, I can't see how it can be a positive. Hopefully it will have zero net effect.
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I have trying to warn you guys implicitly about BUD before.....they're doing the similar (not same) things (4C does not reflect impressionable contract revenues - yes not yet! ) as GSW and YOJ. Take care!