I understand the need to try and pump the SP a little.
But I'd be a little concerned if this is the best data they could cherry pick. It seems to indicate that USA growth is starting to plateau.
Yes, sales are up 161% compared to the equivalent period in FY23. But I was quite surprised to see they are down to single digit growth for quarter on quarter.
As a still relatively new entrant into the market, the longer term comparisons are a bit misleading (I've noticed BUB often likes to say things like their sales are up 500%, when comparing to a period where the product was only just released or they only just entered a market). It's the quarter-on-quarter figure that shows the actual momentum.
Given they are now fully reliant on the USA market, and they earmarked ALL their recently raised cash to this market, I would have thought they could do better than 8% growth.
I understand the need to try and pump the SP a little. But I'd...
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14.5¢ |
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Mkt cap ! $129.3M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $64.76K | 444.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1157211 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 513328 | 11 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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14.8¢ |
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| Open | High | Low | Volume | ||
| 14.8¢ | 15.0¢ | 14.5¢ | 558549 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| BUB (ASX) Chart |