BUB 3.33% 14.5¢ bubs australia limited

Just reading through some of the previous posts since operation...

  1. 1,431 Posts.
    lightbulb Created with Sketch. 541
    Just reading through some of the previous posts since operation fly formula and it appears as though investors has forgotten all about it - Free PR / marketing by Biden (POTUS) & team during the period. Penetration into US market. Brand awareness takes time and doesn't happen overnight. The market cap & share price has fallen well below previous levels even though BUB is now in a far stronger position with $64.6m in the bank as of last Quarterly update.

    https://hotcopper.com.au/data/attachments/4797/4797232-35f7fb83951bdf7c95bedb4b1c5ba7d8.jpg


    https://hotcopper.com.au/data/attachments/4797/4797196-a315cf545dd84cf18e0d0d4505a7d500.jpg
    What is the point of taking a company public if there is no need to raise cash? The two primary purpose a company goes public on disallowed is to either raise capital or for old dogs to sell and take their money out. In this instance it's to raise cash to fund growth and expansion. Plenty of cash left in the kitty for that.

    Obviously the company has to tighten corporate spending and other costs. Management just need to continue kicking goals and the share price will take care of itself. Plenty of great partnership already. Ducks have been lining up for awhile now. At the current share price of 37.5c / $280m Market Cap (undiluted), BUB is very appealing and plenty of upside potential vs downside risk.

 
watchlist Created with Sketch. Add BUB (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
-0.005(3.33%)
Mkt cap ! $129.3M
Open High Low Value Volume
14.5¢ 15.0¢ 14.5¢ $156.1K 1.074M

Buyers (Bids)

No. Vol. Price($)
2 94105 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 1406380 26
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
14.5¢
  Change
-0.005 ( 2.36 %)
Open High Low Volume
14.5¢ 14.8¢ 14.3¢ 645125
Last updated 15.59pm 02/05/2024 ?
BUB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.