BUD 0.00% 0.6¢ buddy technologies ltd

BUD Chart, page-684

  1. 2,216 Posts.
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    I couldn't resist and had to grab a couple more at .235

    Ultimately there's going to be a lot of buying pressure between here and the 20c mark as we can expect the instos to strongly support their entry point.

    I think $270m MC with $30m cash, in light of where we are at and where we are heading is just too cheap.

    I don't know how quickly things will scale between now and March next year, but at this point in time I think we can expect minimum $50m in revenue in CY19. This would be a minimum and the way in which momentum is building makes me think this could be more like $100-$150m (SP of $4.00).

    We're in an awkward position at the moment and potentially for the next 3-4 months but I don't think it's going lower than ~22c and the upside is staggering.
    Last edited by notlistening14: 01/11/17
 
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