BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Receivership Update, page-6

  1. 91 Posts.
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    "In light of the sale and the winding down of the Buddy Ohm business the operations of the
    Group have now substantially ceased. The Receivers expect however to remain appointed to
    BUD for the foreseeable future for the purposes of realising any other residual assets subject to
    PFG’s security, acknowledging there is likely to be a shortfall in repayment for the full amount of
    secured debt owing to PFG. "

    Looks like you'll own shares in an entity with no assets & $0, and a continuing liability to PFG.
    Last edited by WS1080: 04/08/22
 
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Currently unlisted public company.

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