BUD 0.00% 0.6¢ buddy technologies ltd

Email update from Dave, page-57

  1. 9,788 Posts.
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    sure

    theres theoretically no limit

    its up to asx to approve it though - but if the delay is asx then its obviously going to get granted

    people worrying about TH times are wasting their lives on nonsense

    the real market ie instos and hnws will not care about that stuff - only dweebs do and theyll be gone 10 minutes after a stock comes out of halt - because they dont understand valuation and so they buy or sell not on any fundamentals - but on fear and greed.

    the market will look purely at the substance of any company response vs the current valuation of ~$210mEV and form its own assessment on what its worth given where market is overall pricing high growth tech stocks at the moment

    the only point at which time in halt or extensions of halt becomes relevant if market comes to regard them as having been a fabrication ie cant see anything like sufficient reason in the response for the time taken to respond

    that has a reputational factor - but its not something one can form a view on until one sees the company response

    until then everyone is flapping their gums for zero reason like chicks at a hair salon
 
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