Normally, Capital raising will occur when the price is relatively high, but the current level of $0.640 is apparently not that position when considering the current sales compared with the prior sales figure quarterly.
So can be speculated that the reason why raising capital in such time point, is that the company really need money to expand the facility and production so the higher profitibility can be achieved. Also, 1 to 10.42 share is quite low ratio transfer accepted frankly, when compared to 03/09/2020 CR - $30000 value allocated to be purchased as wanted. (equivalent to 57692 shares, which means you need to hold more than 600k shares to be eligible to buy), therefore, seems BUB management is now less generous to current holders? Welcome to discuss on this point.
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $107.0M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.0¢ | $18.70K | 149.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 965307 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 115860 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 970307 | 0.120 |
60 | 2971633 | 0.115 |
54 | 2459366 | 0.110 |
19 | 441756 | 0.105 |
37 | 785888 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 84800 | 3 |
0.130 | 1312445 | 26 |
0.135 | 1820830 | 26 |
0.140 | 493151 | 24 |
0.145 | 1319300 | 15 |
Last trade - 11.17am 19/08/2024 (20 minute delay) ? |
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BUB (ASX) Chart |