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That's a sensible response :), yes admittedly so . Possibly too...

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1ronnie

21,896 Posts.

2034

08/02/18

18:18

Post #: 30925027
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Originally posted by Faye Dingaway ↑

Ronnie I think you've posted pretty well across the small techs but run a bit hard on BUD.

There is no doubt that they've grown too fast and their corporate governance needed to grow at the same rate. I observed as much earlier and tbh am kicking myself for not getting out near 40c. Learning is good. I have no doubt they'll be there again come CF positive time or maybe before.

Product is great, team is great but it's a medium term opportunity given the reported rate of takeup. If management learn well (as they did from Zentri and Noveda) and keep on top of current issues they will be formidable come the next cycle up on the back of real sales. I'm going to hold until the 14th Feb then review

cheers.

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That's a sensible response , yes admittedly so . Possibly too many traders here...not investors.
Look, I have done enough for those wanting to know, but some still making comments that instigate a response.

BUD Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
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