Because they are priced for administration/ failure, but what do we know about BUD??
Their survival is guaranteed for at least a year
By their own admission are saving enough in wages and corporate costs to make a profit this quarter if similar results to last quarter
Online sales dipped in March and have surged since April
Lifx White could be a company maker and first payment is not dependent on them making the profit specified above, but could throw manufacturing costs out if not in.
Things for the first time in a long time are starting to look good and the market is warming to the story. If someone wants to buy today, they are looking at pushing the price up 10%.
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Because they are priced for administration/ failure, but what do...
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