BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Trading Halt, page-88

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  1. 2,683 Posts.
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    sometimes with massive deals the company would need money in the bank before the deal would get approved/signed, so the CR is a pre-requisite before the deal can be signed

    would be a loss of reputation if some massive global company commits to delivering 50k Buddy Ohms, but Buddy can only order 2k devices because it has no cash to order more... nobody in their right mind would sign a "monster deal" without assurances that Buddy can deliver on it
    Last edited by showstring: 27/10/17
 
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