BUD 0.00% 0.6¢ buddy technologies ltd

The statement is quite clear though it is far from informative...

  1. 2,449 Posts.
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    The statement is quite clear though it is far from informative or usefulto the market.


    We sold Buddy Ohm into more sites in Q1FY19 (y) than we had in totalprior to Q1 (x).


    Therefore y sites > x sites.


    All indications are that this will be true for Q2FY19 as well. That is all indications are that we will sellOhm into more sites in Q2FY19 (z) than we had in total prior to Q1 (x).


    Therefore z sites is also > x sites.


    We don’t know whether z is greater than y or y is greater than z and knowingthe answer to that question on its own is almost equally uninformative.


    If x = 0 then y and z could be 1 and,while an extreme example, the claim would be true and we would be unimpressed.


    If BUD keeps refusing to releasedetails of numbers then all we have to go on is revenue



 
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