BUD 0.00% 4.3¢ buddy technologies ltd

Ann: Acquisition of LIFX and Share Placement, page-87

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  1. 208 Posts.
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    Consumers (meaning individual residence) who are already LiFX customers or are looking at buying LiFX products may have some interest in monitoring their entire eco-system (considering they are energy aware/environmentally responsible) .  But this require a very different OHM version or completely different product suit. But there is certainly a market to tap into.

    Businesses, Governments and large business entities however who wants Energy Monitoring for their entire eco-system would find LiFX proposition extremely enticing.  Once you bundle in OHM monitoring with some control function (I am certain they would announce a new product suite in BUD Connect in March) and LiFX product range,  it is a very strong business proposition.

    As a long term investor, I am pleased with this take-over.  LiFX current range and future possibilities on it's own seem endless with or without OHM. 

    I think market would recognize this in next 2 qtrlies.


 
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