Personally I don’t think the drop is due to Bubs figures or cash burn. (If it was we would already be past this point on the Quarterly cash flow announcement )
I think the big dogs are taking advantage of the global news (potential recession USA, unemployment rate etc) to shake the tree. Seen it many times before, it makes sense it’s a strategic move.
Based off the volumes being washed or traded it’s like 1% of the total shares each day so far. (Not counting if it’s there own shares trying to make it look like an active market)
See below someone is always happy to take your shares
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- Ann: Bubs Q4 FY24 Quarterly Activity and Cashflow Statement
Ann: Bubs Q4 FY24 Quarterly Activity and Cashflow Statement, page-63
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.6M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $36.92K | 302.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 1456619 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 1959063 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 1447853 | 0.120 |
49 | 2547127 | 0.115 |
44 | 1316831 | 0.110 |
17 | 368344 | 0.105 |
42 | 1060828 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 1974888 | 33 |
0.130 | 2202788 | 42 |
0.135 | 673536 | 15 |
0.140 | 1002771 | 21 |
0.145 | 1201722 | 9 |
Last trade - 13.51pm 17/09/2024 (20 minute delay) ? |
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BUB (ASX) Chart |