well i disagree from a personal point i originally purchased shares in the RTO co when it was annc it would become BUD. After reading and studying the IOT product as well as the glossy material containing Australian Co logos of high profile brands that could only be taken as being more than possible clients i was quite pleased to see it go from 5c to 22c. Pipeline after pipeline were announced after each international showcase but very few if any graduated to contracts and the SP tumbled away. Along came the possibility of two take overs and a major CR raising 22 million each takeover falling over including the one on the morning as Dave landed in Aussie land for the AGM. shock horror. the SP fell away again but low and behold Dave was taking over Parse and in parallel BUD was going to be saved by OHM.with Dave's constant announcements of distributors signing up the SP soared into the forties and i recovered my considerable losses and sold the majority of my shares leaving just the required 500. it was only the ASX suspending BUD until their inquiries were responded to that the alert came out and sp tumbled away. Did i do my research i sure did as well Company announcements. What really got up my nose was everytime i i questioned the revenue i was put down and jumped on by the back slapping pro Daves here on hot copper and that makes you question oneself. good luck with your holdings but remember when someone has a view alternate to yours they are not necessarily negative but merely questioning the spin. Tell me would you give a financial advisor $10K and wait three years for a return or would u give a mate 10K to help with his business and believe him when he told you wait till the next quarter we should be paying costs by then ?? all the best ive now sold my 500 ill keep an eye on sp maybe another day
BUD Price at posting:
7.7¢ Sentiment: None Disclosure: Held