haha yes that is true. I am under no illusions about this company though. Bankruptcy is still very much a possibility at this stage, that I can give you.
I am just stating that its good to see that the CEO himself is putting his money where his mouth is, and actually buying stock. Doesn’t matter that the absolute number of 20k invested is very small. Its the fact his willing to buy shares that counts.
i know for me who’s down by over 140k, I wouldn’t buy another share for the foreseeable future.
Lets see what the future holds. He is predicting positive cash flow come October 2024 when Q1 FY25 results release, so lets hope he is correct.
BUB Price at posting:
13.0¢ Sentiment: None Disclosure: Held
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