BUD 2.44% 4.0¢ buddy technologies ltd

Lighting company / business having it tough, latest VIV gone...

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    Lighting company / business having it tough, latest VIV gone into receivership - if a company does not have any loans and rely on CR alone to sustain , it can still buy more time. So for a company to take on debt, it needs to have the support of its lenders if it cannot deliver the requisite.

    Do watch the cashflows - would be interesting to see how far they have scaled down operating costs.
 
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