I guess it begs the question as to how integral the $10m is to the company’s expansion plans- pretty significant I would suggest. Leaving aside the successful insto placement @$.80c (who would be mightily pissed off btw) this I think represented 25% of what they obviously wanted. A pretty big embarrassment unfortunately. They say timing is everything & it’s been stuffed up big time so it’s either been an appalling management decision or they have been terribly advised.
BUB Price at posting:
71.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)