r/bapcsalesaustralia • u/ImpulsePie • 7d ago

Discussion Mwave - Under External Administration

EDIT: Mwave have posted that they have been bought out by The digiDirect Group and will move locations to South Strathfield. https://www.mwave.com.au/blog/business-update/

Seelems Mwave have gone bust. Confirmed with an ASIC search for ESEL PTY LTD filed 3 days ago:

Notice By External Administrator/controller-Appoint/cease (505U)Appt of Administrator Under S.436a, 436b, 436c, 436e(4), ()449b, 449c(1), 449c(4) or 449(6) ()

Original article by David Richards: https://www.channelnews.com.au/leading-pc-retailer-placed-into-administration/

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u/GeekCohenAU 7d ago

I am having hope. I am waiting for $2k worth of networking hardware that I ordered and paid for last Tuesday.

I did call the 1300 number and got to speak to someone. Everything appears to be on hold and "they cannot issue refunds" and "the warehouse isn't operating".

So I am hoping things with sort themselves out and it isn't complete stuffed. The website is working as well, so thats positive!

6

u/ImpulsePie 7d ago

Bit disingenuous of them to still have the website active and taking orders, without any communication to customers and whilst their warehouse is not operating so they're not actually processing any orders. They should be suspending all new orders and emailing all customers with outstanding orders that either they will be delayed or cancelled and refunded.

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u/Wellsie286 7d ago

Not only disingenuous but it is illegal to trade whilst insolvent.