They surely would have the money for Jen Hawkins. They would need investor support for the China investment. For the investor the question is how does the company make a profit, accumulates cash, invests into growth or pays dividends.
If you were lucky to have participated in the IPO some years ago (IPO was around 10th Jan 2017) a share would have cost you 10 cents. So, a $10.000 investment would have turned into ca. $91.000 last week. That is 910% return in a little over 3.5 years, or more than 88% per year. That is an absolutely fantastic return. Akin to ATP (from $12 to $91), only they did it in 6 mths during COVID.
You could have bought a year and a bit later, paid between $1.40 and $1.60, and you would sit on a massive loss.
So, what's it going to be for the next 12 months? Does history tell a lesson?
BUB Price at posting:
91.5¢ Sentiment: None Disclosure: Not Held
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