BUD 0.00% 0.6¢ buddy technologies ltd

It would be good for BUD management to outline in detail how...

  1. 587 Posts.
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    It would be good for BUD management to outline in detail how they are going to absorb the increase burn with increase in losses plus $40m debt adding at minimum $4m pa to their existing burn. I am sure the strategy is built on hope, finger in the wind, etc. how much do we know about LIFx amd their major SH and Creditor putting a huge amount of pressure on them to pay debt back, this forcing LIFx to make a deal with BUD to give these people a liquidity event so they can exit and move on, just a thought, I have no knowledge or basis for my thought, is there any merit in it?  If there is, will we see a big sell off post deal, assuming deal still happens? IMO
    Last edited by techfacts: 03/03/19
 
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