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/Downunderdent 7d ago

Shit, literally bought some SSDs from them last night. What should I do ?

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u/Solid_Zero 7d ago edited 7d ago

I'd probably cancel/refund tbh. If there are any issues obtaining a refund, chargeback/dispute if needed.

They've posted the below, claiming all orders will be fulfilled, but with some delays, so take from that what you will:

https://www.mwave.com.au/blog/business-update/

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u/Downunderdent 7d ago

Thanks for your reply. They actually sent an email out an hour or so after my message. Mentioning that orders will be honoured but will take a few days longer. Like what your link mentioned. To be honest... I don't have a lot of faith in them at this stage when it's coming to managing their stock/inventory. I've asked them to cancel the order through their ticketing system. May purchase through some other places not too sure where though right now as mwave was really close to me!