CDU 0.00% 23.5¢ cudeco limited

Ann: Response to ASX Appendix 3Z Query, page-6

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  1. 9,666 Posts.
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    If as reported the operators haven’t been paid in six weeks - and now management not going to be paid - it won’t be long imo before it’s admin time

    These are usually a sign of serious financial trouble

    It must be pretty difficult to say your solvent when wages / main contractors aren’t being paid

    Hopefully no employee or contractor trying hard under what seems like poor management imo is not left in a poor position

    Time will tell- but one hopes they are not making large repayments to the i nsecured pay day lenders in hkk at the expense of working contractors and employeeeeees
 
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