And guess what... they said they expected to have submitted CFDA application by CY17... 3Q18 and still no submission let alone getting close to approval. Like I said read between the lines on this one again.
Capital raise is likely as I can't seen any debt funding given the risk profile of this business. Domestic sales looks okay but again IF is the clear focus and you've mentioned the growth/lack of on that above. Even still domestic sales of any proportion is not what this company is valued on, which I understand, but on the flipside why is it taking such a long time to submit their CFDA application?
And guess what... they said they expected to have submitted CFDA...
Add BUB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 12.0¢ | $56.7K | 454.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 1612266 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 802495 | 26 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BUB (ASX) Chart |