The discussion has been around a possible time frame of news of a tender win or not. Speculation created, mind you, by BUD themselves for alerting holders to the fact they were down to the last 2. A more prudent approach would have been to advise the market of the win and nothing else.
Suspect they wanted to throw holders a bone given the delays in ramp up with key partners.
More importantly in the short term we await news of a new arrangement with Thor which is proving to be an excellent relationship.
BUD Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
