Sequoia just release an updated piece of research on Dubber...it's actually quite a detailed report and freely available if you subscribe to the ASX Weekly Equity Research reports.
it makes for grim reading and is pretty funny that they reduced their price target from $4.50 to $1.05.
The world has shifted and Dubber's rampant cash burn for only modest top line growth just isn't going to cut it anymore.
More transparency and cost discipline is needed from this management team...not vanity moves like paying for naming rights on an office building.
Dubber.Dubber.Do., page-6408
Add DUB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $22.19M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.6¢ | $29.27K | 1.726M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 6675164 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1986172 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DUB (ASX) Chart |