BUBS will get the Razor out to preserve cash. Any capital raise will be at the back end of FY24, not this side of xmas.
If they can collect A2 Andy's overdue payments there is another $5.7M in the bank.
A capital raise now would be very damaging. Need to announce clear 3 year plan and THEN capital raise on the back of strategy.
Ann: Trading Update, page-32
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $120.4M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.8¢ | $238.1K | 1.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 427641 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 371954 | 12 |
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| Last trade - 13.56pm 03/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |