fidelity are by definition not 'smart money' in the sense of...

fidelity are by definition not 'smart money' in the sense of stock picking geniuses - because it is one of the world's largest fund managers

it manages too much money to be brilliant all the time with every investment

they have index funds and active funds though - and i expect it would be either an aus small cap index fund, global small tech or active investment fund that took the BUD position

i suspect it might be no 2

fund buying is useful - but it really doesnt tell you that much long term. Thorney bought at 20c and its seen as one of the shrewdest tech investors in asia - though they may have just bought for the 20-40c pop and got out

but its better having Fidelity there than not imo