BUD 0.00% 0.6¢ buddy technologies ltd

Charts - BUD, page-6

  1. 716 Posts.
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    I wouldn't say it was a P n D. look at IVX. that was a pump and dump the last 2 days as an example imo. I know the company has a lot of bad history per say but there's some significant institutions holding large holdings (refer recent annual report).

    the volume in the weekly above (2nd screenshot) is too big to ignore. hope I'm not wrong =) I think there'll be a lot of anticipation coming into the next 4c in Jan given sll the targets theyve set (break even or cash flow positive and large growth targets set). I spent a while reading all of their recent announcements and given all the retail stores that's been added etc as well as cost cutting tells me it's worth a punt.

    also worth noting the product manufacturing and operating cost last quarter was just under $3m. if you go to the bottom of the recent 4C it is anticipated to he circa $7.5m. that to me is anticipating a lot of sales.
 
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