Bandlepipes

I was trying to figure out what to build taking in consideration jack of all trades and i have seen that little item that as 3rd for 2300 gold give u 200 health, 20 armor, 20 mr , 15 ah (+2 or 3 with joat) , +15 ad (joat full stacked with nearly any item u did before), + 20 ms and 30 as when fighting (since btrk and ur kit prick the fanfare very easily) .

But this item was avaible for a long time and still no one ever builder it, so what is the problem? The stat are not big but is a very cheap “bit of anything”