BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Non Cash Impairment, page-8

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    The impairment is non-cash and has resulted in a negative total equity position for the Company. Notwithstanding this, the Directors of the Company consider that the Company will be able to continue as a going concern, having regard to:

    • the Company's historic track record of being able to raise funds to support its business plan as and when required.

    How many more times can they go to the well?

 
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Currently unlisted public company.

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