DUB 5.88% 1.6¢ dubber corporation limited

Dubber.Dubber.Do., page-6416

  1. 130 Posts.
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    Interesting, my gut tells me that as the market has sold down DUB during the last 5 months Sequoia are left with pissing in the wind with their $4.50 price target and they needed to construct an ugly reason to drop so far, whether or not the reason is justifiable or well researched remains to be seen, but I don't see it. The underlying principle is that you need to spend to grow and I know that the global market sentiment has retracted but I would not describe their spending as a "rampant cash burn". I'm not a fan of the vanity moves either but I also can't criticise their cost transparency, maybe more fulsome explanations of reasons for some one off expenses would create stronger market support.
 
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