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Thanks for your thoughts and certainly agree on vastly higher...

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Shiz

45 Posts.

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02/03/18

12:13

Post #: 31478104
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Originally posted by 1ronnie ↑

Shiz, read the EEMS link I posted below- the objective is not to cross promote but to show that it is a crowded space ; BIQ has been there for awhile now and you could say it didn't meet original expectation when it was listed at much higher IPO valuation. Now BUD is a new market entrant , unproven and untested in terms of realised sales (despite potential you can talk about) and could suffer a similar fate as BIQ (in terms of sp drop) if unable to penetrate the market in a large way, so at present it requires a "leap of faith" as Equity Story mentioned despite recommending it. And don't claim that Buddy Ohm is cheaper to install/use if you don't know.

BIQ has had its large fall with a market cap of just $20m and IMO looking up with reduced opex. BUD on the other hand has a market cap of $200m, a lot to fall if expectations not met. I will leave it as that.

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Thanks for your thoughts and certainly agree on vastly higher downside risk for BUD.

Cheers

BIQ Price at posting: 8.5¢ Sentiment: Hold Disclosure: Not Held
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