DUB 0.00% 3.7¢ dubber corporation limited

Ann: Completion of Retail Entitlement Offer, page-7

  1. 38 Posts.
    lightbulb Created with Sketch. 15
    How are you calculating only $10M cash outflow in Q4 FY24, given Dubber's cash raise prospectus states that they must pay out $19M just from the cash raise?

    Dubber has to pay $11.6M just to the ATO / SRO, $2.8M for the CR, $1M to investigators, and a $5M load also need repaying, before we even talk about regular operating costs.

    It seems more likely that Dubber will be out of cash within the next few months entirely, unless they can either perform a miracle recovery of the "lost" funds, or raise further capital..
 
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