BUB 3.57% 13.5¢ bubs australia limited

Ann: Response to ASX Price Query, page-18

  1. 365 Posts.
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    BUBS have not reduced their costs by 50% during COVID.

    This is the difference between a 4C and a P&L.

    You can shut down production and the 4C will look great with reduced manufacturing expenses.

    The proof will be at the EOFY P&L.

    The expenses associated with product costs are expensed at the point of sale.

    Those expenses hide on the balance sheet as inventory. They don't show up in a 4C, but there is no hiding them on a P&L.
 
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