BUB bubs australia limited

My question here is there was a cap raise for 63m to "support...

  1. 219 Posts.
    lightbulb Created with Sketch. 190
    My question here is there was a cap raise for 63m to "support accelerated expansion, build inventory to expand the Company’s presence in the USA, and consequently enabling the Company to triple thecapacity of its processing and canning facility."

    Their cash position is now 64m. At a glance, the story doesnt seem to add up....

    Management need some hard questions asked. At the very least, they should stop receiving all bonuses until they can get this one cashflow positive. There is a lot to look forward too, if they can pull it all off then all is well and good, but their starting to smell like scamsters. Next quarterly's progress or lack of is going to be interesting.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
16.0¢
Change
0.000(0.00%)
Mkt cap ! $142.9M
Open High Low Value Volume
16.0¢ 16.0¢ 15.5¢ $159.1K 1.004M

Buyers (Bids)

No. Vol. Price($)
15 721892 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 1185728 22
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
BUB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.