Lots of clueless people like kikker here. People like him/her don't understand business.
You spend money to make money. Plenty of examples of companies not making money until suddenly they are.
BUB is in an expansion phase as they are a junior in the industry trying to expand their product, market reach and build their brand.
BUB listed in early 2017. So nearly 6 years ago. IPO holders still up 370%.
Examples:
Tesla took 10 years since IPO to turn a profit or 17 years since corporation.
Amazon took 4.5 years since IPO to turn a profit or 7 years since corporation.
A2m founded back in 2000. Took 11 years to make a profit (2011). This was in a market with significantly less competition.
Thousands of more examples out there.
Lots of clueless people like kikker here. People like him/her...
Add BUB (ASX) to my watchlist
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $129.3M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $156.1K | 1.074M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 94105 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1406380 | 26 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
14.5¢ |
Change
-0.005 ( 2.36 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 14.8¢ | 14.3¢ | 645125 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| BUB (ASX) Chart |