BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Commercial update & completion of DD in Zentri & Noveda-BUD.AX, page-47

  1. 639 Posts.
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    Good luck with that. We have been told time and again that specifics will not be revealed. Here is an excerpt from a previous announcement which you may have missed....

    I appreciate that some investors have been frustrated that Buddy has not been able to disclose more information about its pipeline projects and potential opportunities. Unfortunately - and I’ve stood intentionally firm on this point – Buddy has a lot of (competitive) eyes on it right now, and accordingly, it would be detrimental to the longer term success of the company if we were to announce in detail every deal and dollar. Additionally, in many cases, our customers absolutely insist on no press & no announcements, which I understand is frustrating for some shareholders, but a requirement of doing business in this industry. We are also conscious of the legal requirements concerning disclosures to the market. Consistent with this, the company is cognizant of its obligation under the ASX Listing Rules to release all price sensitive information to the market in a timely fashion and will continue to do so.
 
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Currently unlisted public company.

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