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0.6¢ buddy technologies ltd

Ann: Application for quotation of securities - BUD, page-36

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1ronnie

21,708 Posts.

2015

10/08/21

13:30

Post #: 55170785
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...yeah

Originally posted by Kmtw ↑

What happens to BUD if the almost inevitable Class Action arrives following the grossly negligent ASX release in March? It's not like they can defend it, given guilt has already been admitted on the webinar and in ASX releases.

What happens to BUD if they lose their case against CST? Again, the BUD case is week. BUD agreed and announced deal with CST and then walked away when something (apparently) better came along. (How's that deal with PFG going by the way?)

What happens to BUD if the chips don't arrive (in part or in full) this month?

What happens to BUD if manufacturing is forced to shut down, due to Delta COVID controls in China?

One thing is for sure, they won't be able to borrow any more money given the current laughable restructure with PFG.

IMO, these risks are far, far more likely than the perfect scenario of becoming profitable.

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yeah, you can forget about class action now. Directors will claim to be "honest idiot" and not held to account. No more protection, shareholders are on their own.

https://hotcopper.com.au/threads/its-over.4002109/page-9955?post_id=55170548#.YRHyQxQzapo

BUD Price at posting: 1.8¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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