Anyone who thinks Dave is not being strategic and very deliberate in his actions is ignorant (either intentionally or unintentionally).
The work effort that was put into the ASX responses was not only detailed and considered, it was very disruptive.
If you take that attention to detail to an ASX enquiry, you can be confident there is equal or more thought, consideration and detail put into how the platform has and will evolve, as well as the partnerships and strategy of the business.
As much as I hate the word, there has been a large degree of bad "luck" with deals falling through etc, but these happen in business.
What needs to be acknowledged is in relation to Telstra (the biggest and most recent deal to fall through), the company didn't capitulate and sign the deal just because of the perceived importance of it. It clearly wasn't strategic enough to put the company in that position, and Telstra clearly wanted to dictate rather than collaborate.
The recent weakness will happen with 3 months of radio silence, but the moderate bounce in anticipation of the quarterly shows there is appetite for what the business has said it can achieve.
I'm eagerly awaiting the announcement, and like most rational holders, I am not necessarily expecting a big number this quarter, but I am expecting an insight to what we understand will and should be a cash cow.
BUD Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
