I knew u r a big fan of Bubs, I knew u count on your house on this one. I did not downramp this stock, certainly not. What i expect the sales revenue in FY18 to be around $15M at least, if all the footprint will be achieved.
But one things for sure is that, the channel bubs built on E-commerce platforms such as Red and Kaola does not perform very well. As @8horse stated earlier, the sales of Q3 needs to be around $4M based on cost of manufacturing $2M. It is unlikely to be occurred at this point.
BUB-BLE time, page-443
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $120.5M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.0¢ | $314.7K | 2.366M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 351300 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1626159 | 43 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BUB (ASX) Chart |