BUD 0.00% 0.6¢ buddy technologies ltd

I am trying to get my head around this Aware Letter business. I...

  1. 107 Posts.
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    I am trying to get my head around this Aware Letter business. I am assuming that the ASX Aware letter was issued to BUD but NOT released to the market. Assuming that was the case I guess it would have been an option for BUD to answer the letter without releasing details to the market. The question for me is whether it is material information. BUD have chosen to ask for a suspension, which is not a bad tactic considering the state of the market at the moment, which coincidentally was also the case during the last suspension I believe. Any opinions on this?
 
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