For what it’s worth I hold 1ml shares (down 30%) and I’m holding. The accounting error is a ridiculous stuff up that shouldn’t happen - a simple procedure or end of month checklist should rule those things out it’s as simple as that. That’s on the CFO though (yes I know DM must have appointed the CFO but at some stage you have to place trust in others - companies can’t function without that).
This chip shortage has crept up on a lot of companies. I know this first hand. I’m sure there’s examples of companies that went early and mitigated the damage. Whether that was a practical option for BUD here I’m not sure. I can appreciate people being furious and thinking mgmt should have been right across it.
Being relatively new to the BUD roller coaster I do acknowledge some of the good work they’ve been doing. I certainly have my concerns and issues with them but I’m going to hold and hope like hell as well.
BUD Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held