BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Trading Halt, page-41

  1. 9,788 Posts.
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    Telstra deal not in place - so it cannot be canned. Not sure it would even be considered material if a deal didnt occur. The cleansing notice announcement gave caveats the deal may not be concluded - and there's no Telstra figures in 3 yr gudance

    BUD previously said it wont undertake a deal without minimum run commitments

    Deal was mooted for Nov/Dec and still not to be advised despite technical certification a few months ago

    main chance is theyve been confirming numbers/undertaking requirements of both sides and have either reached an agreement or decided not to partner.

    Agree the TH would likely be to ensure either that no info leaks prematurely - and if proceeding probably any revenue assumptions are incorporated into a revised 3 year min/max guidance in line without triggering another asx 'i cant do math' spasm.
 
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