welcome. Some non holders are so concerned about BUB's cash burn that if u look at the future prospects and BUBs acquisitions eg: Deloraine dairy acquiring its own canning facility this will reduce the cost. Also looking at BUBs partnership with Tatura BEGA its one-step conversion results in significant reduction of production and ingredient cost. As well, production lead times are cut, and so inventory is better managed and cashflow is improved.
As well as partnering up with Chemistwarehouse to be sold in store and on its Tmall online stores.... partnership with Beingmate means BUBs will be distributed in 30,000 physical stores in China. BUB has been working towards positive cashflow. Good investment IMO but look I'm only stating facts and everyone should do their own research.
Ann: Change of Director's Interest Notice, page-100
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $102.7M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.5¢ | $172.6K | 1.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 2507097 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 2646668 | 30 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BUB (ASX) Chart |