BUB 3.85% 12.5¢ bubs australia limited

Ann: Bubs Extraordinary General Meeting - Chair Address, page-35

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    In a private environment this company is belly up. As no debt will be offered if the company can not even reach a positive Gross Margin, let alone cover its overheads. Administrators will be called in. However, this is a listed joint and BOD is counting that the many retail holders here will trow it a bone again when the next credit raise is coming. Wont be far off. They will hide behind the reason of a Board change etc etc etc. Its a circus and will end up in the gutter I suspect, but the longer they can keep the lights on the longer they can have their fingers in the pig fat. AIMO
 
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