Very happy with the price action this week so far. With an excuse free quarterly and some genuine growth on Ohm side of the business, I expect us to get back to 10c and beyond pretty quickly. I keep going back to what the value of LifX would be if they floated, I believe the excitement they should have generated would have seen them above our current combined cap.
Still bullish on cash flow positive by the end of the year, but I expect near on as much expense cuts as I do expect revenue growth.
Also positive with the stream of news coming in, seems the world is catching up to our product.
Still a long way to go from here, but still believe my biggest regret in two years will be not capitalising more on this period of great uncertainty (opportunity).
BUD Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
