DUB 5.00% 4.2¢ dubber corporation limited

Look at the history of the "term deposit": it appeared in their...

  1. 174 Posts.
    lightbulb Created with Sketch. 100
    Look at the history of the "term deposit": it appeared in their accounts at the same time at McGovern's initial legal issues in 2017-18.

    It's worth noting that each time he was sued the action was settled or discontinued. You might ask where the money came from in order to make these issues go away.

    Here's a history of the "term deposit" and how they describe it from their quarterlies and annual reports:


    March 2018: $0m

    June 2018: $2.01m

    Sept 2018: $0m

    Dec 2018: $2.7m

    March 2019: $2.7m

    June 2019: $2.7m


    Annual Report 2019

    Cash on call deposit $2.7m

    "The cash on call deposit can be called back at any time by the company."


    Sept 2019: $10m

    Dec 2020: $10m

    March 2020: $10m

    June 2020: $10m


    Annual Report 2020

    Cash On Call Deposit $10m

    "The cash on call deposit can be called back at any time by the company."

    Sept 2020: $5m

    Dec 2020: $20m

    March 2021: $20m

    June 2021: $20m


    Annual Report 2021

    Cash on call deposit $20m

    "The cash on call deposit can be called back at any time by the company."

    Sept 2021: $30m

    Dec 2021: $30m

    March 2022: $30m

    June 2022


    Annual Report 2022

    Investment of cash at call deposit 30000

    "Cash at Call deposit is a cash term deposit held with a AA3 rated financial institution with 90 day rollover terms and a 31 day call back in the name of the Company's legal firm as trustee for the Company."


    First mention of a trust account


    Annual Report 2023

    "Cash at Call deposit is a cash term deposit held with a AA3 rated financial institution with a 31 day call back in the name of the Company’s legal firm as trustee for the Company."

 
watchlist Created with Sketch. Add DUB (ASX) to my watchlist
(20min delay)
Last
4.2¢
Change
0.002(5.00%)
Mkt cap ! $37.77M
Open High Low Value Volume
4.0¢ 4.3¢ 4.0¢ $49.41K 1.208M

Buyers (Bids)

No. Vol. Price($)
2 107646 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 25000 2
View Market Depth
Last trade - 16.10pm 13/06/2024 (20 minute delay) ?
Last
4.2¢
  Change
0.002 ( 5.00 %)
Open High Low Volume
4.0¢ 4.3¢ 4.0¢ 376532
Last updated 15.59pm 13/06/2024 ?
DUB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.