We can all analysis this until the cows come home, with graphs, gaps to fill and other technical stock market jargon and excuses, as well as Bentas74 wisdom of be patient or sell, but dont complain. The SP is where it is because the company mislead the market, OHM is crap and no one wanted it, the failed acquisitions, the failed monster client, telstra deal falling over, the failed channel strategy with IM, Dicker, etc, all the trial clients that never proceeded to full use of the OHM and the company has never been man enough to explain why and what happened, the Oman contract, Nestle, McDonalds, the whole BUD/OHM will breakeven in 2019, never going to happen, the death of the data business, BUDs entire model was data sales, and now this is on life support, finally the hail mary acquisition of a consumer electronics company, lightbulbs of all things, a company with great and growing revenue, now loaded up with debt and bleeding money, with no capacity to breakeven as price pressure and competition hits the market. Now DM tells the market that breakeven was based on the whole company breakeven, not just OHM, this is just plain BS, up until the LIFx acquisition all the business had was OHM. LIFx is the last ditch effort to save the company as simple cost cutting is the beginning of the death throws. I do hope for all SH who are patient and continue to give the business the benefit of the doubt, you are rewarded somehow, even as they back a mining company into the shell sometime in 2020 or kill off OHM altogether and focus solely on the lightbulb business. IMO
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We can all analysis this until the cows come home, with graphs,...
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