You should read pages 14 to 18.
As I stated in my previous posts - analysts would have been pouring over the financial statements.
If you didn't understand - NuLac's net Assets was around $8M prior to purchase. Yet, the company paid the equivalent of $80M (including $25M cash).
In about 6 months from Dec 2017 to June 2018, the company wrote off $48M of the NuLac purchase (goodwill).
The other thing to consider was the compression in Gross margin.
I think I wrote enough hints during the weekend, without pointing to the obvious.
Ann: Preliminary Final Report, page-116
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BUB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $120.5M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.0¢ | $314.7K | 2.366M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 351300 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1626159 | 43 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BUB (ASX) Chart |