BUB 0.00% 13.5¢ bubs australia limited

Announcement is positive cash flow, page-228

  1. 365 Posts.
    lightbulb Created with Sketch. 86
    At $0.40, that's quite a few shares Kristy and Dennis will need to issue in 2021 to stay liquid to ASX requirements.

    Talk about wealth dilution.

    Last insto raise in Sept 2020 was $28.3M @ $0.80 => 35M Shares.

    2021 raise could be $25.0M @ $0.45 => 55M Shares, but they'll really start to struggle to get instos onboard now.

    Is it :

    Kristy Karasavvidis or
    Lazarus Carr
 
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