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12.5¢ bubs australia limited

Cash burn is the key point here. They don't have the net income...

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Meaksy

26 Posts.

13/03/18

20:46

Post #: 31727863
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Originally posted by kittymittens ↑

Perhaps you'd like to think so? FYI this is an investor not a strategic holder and as such they will enter and leave as valuations and risk/return profile changes (unlike founders). That is often a better tell but if someone like this selling down (from ~14% ish to 5%ish) in a couple months isn't concerning then I guess nothing is.

Also look at the cash burn they will need a cap raise pretty soonish. Likely they'll try and pin that to the CFDA application and spin it as more of a positive. The thing is it's often what companies don't tell you that you have to read between the lines for. There's more to this stock behind the scenes than most holders here understand but it's up to you how far you want to dig.

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Cash burn is the key point here. They don't have the net income to sustain the growth path. Instos have done the math too...

BUB Price at posting: 82.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 12.5¢		Change 0.005(4.17%)		Mkt cap ! $111.5M

Open	High	Low	Value	Volume
12.0¢	12.5¢	11.5¢	$334.5K	2.788M

Buyers (Bids)

No.	Vol.	Price($)
1	3800	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	1775381	15

View Market Depth

No.	Vol.	Price($)
1	3800	0.120
67	2956483	0.115
52	2205210	0.110
15	1348256	0.105
44	2145244	0.100

Price($)	Vol.	No.
0.125	1775381	15
0.130	1652522	36
0.135	1869574	25
0.140	969692	23
0.145	2870422	16

Last trade - 16.10pm 02/09/2024 (20 minute delay)

BUB (ASX) Chart