I wish I could agree with you but unfortunately it doesn't happen that easily. As we know there are many ways that you can save on energy costs and whilst Buddy is a very effective one, all sites (because of the mandate) will already have their own methods and some could be very reluctant to change particularly if it has been identified in a site that 99% of the business didn't even know they owned. I think we need to see this as a very positive move that will support the wider Ohm rollout and not get caught up in the expectation of a deeper expansion through Nestle happening quickly. I hope I'm wrong but any business that has 447 has a huge amount of bureaucracy and we will probably be better served by not getting too caught up in it.
BUD Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held