As bad as the outcome is. Katrina is also very much deep in the red. "Rathie bought $1 million of Bubs shares in 2018, and since joining as a non-executive director in mid-2021 has tipped her board fees into equity and participated in a capital raise last year. The investment sits in her and her husband’s self-managed superannuation fund." I think getting rid of the exclusive agreement is a good start. Im also expecting the current board to fire a metric ton of people from the Bubs company. (As they should as your bleeding money and soon will have nothing left).
At this point I think we all have lost so much. Im of the opinion that if it goes to zero ill claim a tax offset and just start buying S&P500 ETF units.
It is a lesson learned though. That is valuable.
BUB Price at posting:
17.5¢ Sentiment: None Disclosure: Held
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