Why should we be getting ready for a cap raise?
Last Qtr reports shows funding for a further 5 quarters and BUBs has been showing some positive results.
I suspect the drop in the share price is mainly due to the share market falling which is affecting more stocks than just BUBs. This in turn has people adjusting their portfolios.
I believe that as the share market returns to positive growth then we see BUBs SP increase as well. In addition, another positive quarter should see the share price increase.
Not sure of the timing for the market to stabilise in a positive direction, so could see a further drop in the SP before it turns around. Potentially a good buying opportunity depending on your view of BUBs overall performance. Anyhow, DYOR, my opinion only, not financial advice.
BUB chart, page-2772
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $102.7M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $369.7K | 3.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 4705618 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 565486 | 5 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| BUB (ASX) Chart |