BUB 4.17% 11.5¢ bubs australia limited

Ann: Strategic equity-linked alliance with Chemist Warehouse, page-96

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  1. 8,333 Posts.
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    Nope. Why would I? Plenty of other fish which are fundamentally sound. But best of luck to holders, and enjoy the ride while it lasts.

    @Nige456 When listed, it had an expert valuation of 10c a share (not a hotcopper pat-in-the-back type valuation).
    Since then, it has more than doubled the number of shares (through multiple CRs to compensate for the loss making operation), without making a dime (only more losses). So you would think 5c a pop is a fair valuation given the increase in number of shares. Rather generous to say it's way overvalued.

    Last edited by ProfessorBen: 23/04/19
 
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