BUBS have not reduced their costs by 50% during COVID.
This is the difference between a 4C and a P&L.
You can shut down production and the 4C will look great with reduced manufacturing expenses.
The proof will be at the EOFY P&L.
The expenses associated with product costs are expensed at the point of sale.
Those expenses hide on the balance sheet as inventory. They don't show up in a 4C, but there is no hiding them on a P&L.
BUBS have not reduced their costs by 50% during COVID.This is...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $107.1M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $563.3K | 4.554M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 3677177 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 1905988 | 38 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| BUB (ASX) Chart |