BUD 0.00% 0.6¢ buddy technologies ltd

LIFX Acquisition - A few thoughts, page-74

  1. 1,917 Posts.
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    This is a puzzling conversation.

    It is pretty obvious - to me at least - that when DM first mooted breakeven by end of CY 19 that was a guesstimate based upon the likelihood that one or more things would happen in that timeframe to get it over the line.

    Those things would have included:

    1) global distributor led sales
    2) a whale sale
    3) a revenue delivering acquisition
    4) WBT shares going through the roof
    5) Parse sales magically kicking off
    6) Thor greatly expanding the brief
    7) other Thor-esque clients landed
    8) a trifacta win at the Melbourne Cup
    9) etc

    The issue now is - are any of these likely by the self-created deadline?

    I'll leave each of you to put a likelihood and $ value next to each of the above

    But the real moral of the tale is DM continually puts himself in a difficult spot by under-estimating difficulties and claiming delivery way too early - he's a compulsive trumpeter!

    And to think he trained as a pianist!
 
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