if i still held bub, I would be actively looking at lamb roast inputs and others that have something to say. To see whether it has currency.
And whilst shorters are allowed , unfortunately it only becomes a problem for a stock like Bub. BHP has 5% shorters. Does anyone complain about bhp being shorted ?
shorters are only a problem if you allow their sell/buyback interfere in your personal value of sp.
Bub would not be offered at 80c in cr because of shorters. It is because bub is suffering from negative sentiment from the whole market.
Like many , I will be sitting out whilst it gets its business model settled. It is not in my smsf interests to invest in a company which I personally have weak conviction
BUB Price at posting:
91.5¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)