It will depend on what offers the receivers get. BUD had loans of $22.4m at the end of February, so it will depend on whether the offers are above the amount currently owed or not.
This is what the ASX announcement stated:
The Receivers will shortly commence a process seeking offers for a sale or recapitalisation of the Group (“Transaction Process”). It is anticipated that indicative offers will be sought from interested parties by the week commencing 2 May 2022.
BUD Price at posting:
0.6¢ Sentiment: None Disclosure: Held
