BUD 0.00% 0.6¢ buddy technologies ltd

OMG. the "make or break" is JUST a PHRASE and was referring to...

  1. 2,692 Posts.
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    OMG. the "make or break" is JUST a PHRASE and was referring to Q4 revenue and its importance in reaching the 3 targets set by the company. Its not "Make or break" for the company. These targets were set when the market cap was $166m and SP 8.5c. The re-rate down has been because the market doesn't believe these targets will be meet. Based off the current market price a failure or "break" of the target is fully priced iMO. I DO believe Q4 revenue will deliver what is required especially now that the US-China and Brexit looks to be getting sorted and globally rates have dropped significantly to avoid any recession.
    Throw in developments from the licensing, switch, European move and possible bulk orders ( all that weren't know when 3 targets were set ) and the upside is significant ____ But DYOR.

    Looking forward to 2020
 
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