Australia's largest stock trading and investment forum Australia's #1 stock forum

BUD

Click for more information

0.00%

0.6¢ buddy technologies ltd

Have confidence Dave and the team will convert leads into deals...

First 7 Last

Share
Profile

Follow
soup41

3,043 Posts.

249

13/02/16

17:29

Post #: 17012988
Share

Originally posted by PUGDADDY ↑

I chose not to exit on Friday as we breached and held under $0.14, purely based on the reasons/drivers for the sell down - Global panic...

Again, panic/irrational selling, covering positions and fear. As we saw, the DOW climbed +300 last night I have no doubt this will bounce back a few cents in the short term. Think we will see $0.15-$016 Monday.

Happy to hold this long term for the following reasons:

1. IOT is widely forecast for massive growth along with (Cloud software, computing/security & mobile)
2. Quality management and investors - Recent appointment very good
3. Circa $14m in cash, no immediate need for a CR

Also like and hold BPF and CVT in the above spaces.

Expand

Have confidence Dave and the team will convert leads into deals over the next 24 months. Until then, not much interest. BUD has to prove it's a growth stock, not another pretender.

BUD Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

PAM

PAM secures high-grade Chilean copper play in strong territory

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

There are more pages in this discussion • 3 more messages in this thread...

First 7 Last

Add BUD (ASX) to my watchlist