as you mentioned "the Beingmate investment", I don't think its fair to classify it as 'cash burn'. To me its an investment the company is betting on.
A lot of times a business need to evolve to changes and challenges(that requires capital investment), this is what i am seeing with Bubs. They are trying to create more revenue opportunities.
What you see in this investment determines how you feel about the money spent.
Defination of insanity in marketing: doing the same thing year after year and expecting a different results.
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- Ann: FY21 Q2 Activity Report and Appendix 4C Cashflow Statement
Ann: FY21 Q2 Activity Report and Appendix 4C Cashflow Statement, page-39
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Mkt cap ! $120.5M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 13.0¢ | $4.033K | 30.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 678303 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 553293 | 25 |
View Market Depth
No. | Vol. | Price($) |
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27 | 694841 | 0.130 |
45 | 1712860 | 0.125 |
55 | 2693388 | 0.120 |
41 | 2227464 | 0.115 |
33 | 775086 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 553293 | 25 |
0.140 | 1678615 | 31 |
0.145 | 1515120 | 26 |
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0.155 | 511671 | 19 |
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