BUD 0.00% 0.6¢ buddy technologies ltd

Cap raise - July 21, page-82

  1. 829 Posts.
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    Evening all, what are all the moderated posts about? Cap raising for Instos has closed (but no information exists as to its status or success/failure), not seen anything about the entitlement offer for all other retail holders, must be something coming soon. I suspect the quarterly report will come alongside all the other announcement by way of 'damage limitation', but none of us know just how things are. The term sheets for the cap raise (which I was privy to by way of being a 'sophisticated' s708 investor) did indicate some success in securing alternate chip supplies and so forth, but for the record I did not take up any new shares in this raising. I await more information and I am frustrated at how long it is taking.
 
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