BUD 0.00% 0.6¢ buddy technologies ltd

The market went to 3.8c after the 2c CR. It was above 2c for 4...

  1. 2,906 Posts.
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    The market went to 3.8c after the 2c CR. It was above 2c for 4 months. Traded massive volume daily! Anyone that wanted out could have got out for a good profit.

    The coy just made $9m annual cost savings. Including 50% cuts to salaries of the top 3 guys and 100% cut on Marc Alexander.
    Dave, Richard and Travis have all invested their own money in each CR at 8c and 2c. Plus Rick the chairman also invested at every level. They can't sell out. They are hurt like the rest of us.

    If these actions of the team doesn't indicate they are working hard and dedicated to the cause, then I don't know what does!!!

    Lets see what the announcement entails before jumping to conclusions.
 
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