BUD 0.00% 4.3¢ buddy technologies ltd

Ann: Acquisition of LIFX and Share Placement, page-115

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  1. 2,143 Posts.
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    True but currently BUD is carrying two businesses at a loss, until you see the revenue start flowing in we have no idea if it's a good deal or a bad deal.

    Both businesses are relying on projections of future earnings if they're not met it could turn sour fast as BUD will be burning cash.

    This part many holders forget, the potential is present and so is the risk. Lifx great products ready to go gangbusters, Buddy Ohm we have no idea if the market will accept the product yet, high risk and high return potential. DM needs to hit some targets for once this year or most likely say bye bye to the business, all IMO.
 
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