UBI 4.17% 12.5¢ universal biosensors inc.

Ann: Value Drivers Presentation , page-10

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  1. 988 Posts.
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    Can I ask how many strips UBI currently sells?

    Based on this calc diff:
    1) @1cent per strip, 750m strips =$7.5m
    2) @1.25 cents for first 600m strips =$7.5m
    @0.8cents for remaining 150m strips=$1.2m

    So what's the big fuss?

    Under the new terms, if ubi sells 750m strips, then we get $7.5 + $1.2 =$8.7m instead of the $7.5m.

    I don't agree s/h should have been misled but I don't see the rationale for a big sell off. Quick check based on cash at bank against shares = .19 per share not taking into account the quarterly cash flows. I haven't looked at the options and their exercise price but assume it's not going to get exercised given we sp at lowest levels.

    Am I missing something?

 
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12.5¢
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12.0¢ 12.5¢ 12.0¢ $10.53K 87.66K

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No. Vol. Price($)
1 1261 12.5¢
 

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Price($) Vol. No.
13.0¢ 10000 1
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