DUB 0.00% 1.8¢ dubber corporation limited

Ann: Response to ASX Aware Query, page-13

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,091 Posts.
    lightbulb Created with Sketch. 1571
    "Dub a bit overdone technically in April"

    Technical analysis alone is fraught with danger and can be very misleading. I always find it best to temper TA with a good look at the actual company performance over time.

    For example, over the last 2 years to 31 December, the second quarter cash receipts from customers has increased by 464% to $4.24M, while the share price has increased (only) 164% from late April 2019 to now.

    In addition, as @paradigmshift points out, DUB is now a much better company with all the major partnerships implemented since April 2019.

    Therefore, IMO the current share price is not "overdone". It only partially reflects the improvements in performance measures and quality/diversity of its major customers.
 
watchlist Created with Sketch. Add DUB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.