BUD 0.00% 0.6¢ buddy technologies ltd

I doubt very much they will be addressing shareholders. Without...

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  1. 45 Posts.
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    I doubt very much they will be addressing shareholders. Without knowing all the fine print of the appointment, receivers generally have no obligations to shareholders, whatsoever. I doubt we will even be granted a hearing with them. We are unsecured creditors and we are not covered by their brief.

    And even though DM is gone, for now, unless the business is sold, management of the business will revert back to DM and Co. Not a great scenario. (Insert sad/angry face).
 
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