BUD 0.00% 4.3¢ buddy technologies ltd

The Board is calling an EGM to put acquisition and capital raise...

  1. 49 Posts.
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    The Board is calling an EGM to put acquisition and capital raise resolutions to shareholders asap.
    The 6 Feb announcement said the general meeting will be late March.
    BUD need to provide 28 days notice of the meeting.
    So expect to see a Notice of Meeting soon.

    IMHO, given the $18.1m raise was completed at a $0.08 share price, the current share price is great value.
    I think there'll be better on-market support post-acquisition.
    It's a good sign the CEO and Chairman are both putting in $150k.
    DYOR
 
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