BUD 0.00% 4.3¢ buddy technologies ltd

Ann: Appendix 4C - Quarterly Report with commentary, page-10

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  1. 580 Posts.
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    ok you said "there is absolutely nothing in this report which allows the basis of a statement to say there believe they will be cashflow positive by the end of this financial year." Fair enough. That is the reason we are still in suspension. There must be more news coming that will clarify how the company will be cash flow positive, and we know that it is a "proposed acquisition." So until the company is able to release that news, we are in suspension so that we don't buy or sell without knowing everything that is going on. Good.
 
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