Conference/Tweets/Presentations/News, page-25

Well reasoned post and I agree with your thoughts.

BUD is in the right space at the right time and sales are about to kick off globally. Just remember that management have always stated for investors to wait for the July 4C to see material ohm revenue as sales from distribution agreements kick in. We are clearly ramping up for a strong quarter as deals are in place and management are locked and loaded for sales execution, hence the constant bombardment of targeted conferences/speeches in the pipeline.

Even if we achieve half of management's forecasts BUD will be back to previous highs in no time. Remember that technology stocks (particularly those in hot, rapidly growing areas such as IoT) are valued at extremely high multiples.

Astonishing to think we are back to the same share price when last year BUD had only just developed the ohm. Sentiment is clearly the driver of the share price as we have moved from exuberance in November and December to despondency and capitulation now. Downside from these levels looks minuscule relative to potential upside and it won't take much positive news at all to undergo a sentiment reversal.

All IMO - DYOR