Brief: BirdDog Technology Announces Settlement Of Legal Proceedings

BirdDog Technology

29/07/2024 02:26

July 29 (Reuters) - BirdDog Technology Ltd  BDT.AX :
    * SETTLEMENT OF LEGAL PROCEEDINGS
    * SETTLEMENT WILL HAVE EFFECT OF CASH OUTFLOW OF US$1.6
MILLION
    * AS PART OF SETTLEMENT, CO TO RECEIVE SALEABLE PRODUCT
VALUED AT
COST OF US$1.6 MILLION
    * SETTLEMENT WILL RESULT IN COST TO INCOME STATEMENT OF
US$3.3
MILLION, RECOGNIZED IN FY24

Further company coverage:  BDT.AX 

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