BUD 0.00% 0.6¢ buddy technologies ltd

Have not been focused on it during June. Had a death in the...

  1. 530 Posts.
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    Have not been focused on it during June. Had a death in the family, unfortunately.

    With regard to BUD, I'm not hopeful of it being reinstated to ASX. The receivers are sucking up $100K per week in fees and it sounds as if the board has put in a low ball offer, along with external parties. I was raised to always pay your debts and it looks as if BUD management is trying to get out of paying PFG what they legally owe them.

    You would think they could come up with 15-20 mill quite easily if they really tried.

    I'll probably end up using this as tax-loss offsets.


 
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