imo BUD is priced for ~$9-10m in annualised guaranteed minimum...

imo BUD is priced for ~$9-10m in annualised guaranteed minimum revenues landing from 3qfy18 + a currently relatively small overlay for 'other'

all stocks are priced on future expectations - from BHP and Telstra on down that includes contractualised future income that has yet to occur.

people often focus on cash balance and cash receipts unduly - it generally isnt a protection and doesnt determine stock pricing up or down in the main outside of dividend stocks' ability to maintain dividends where it can be a dominant theme.

its important to parse risk

atm BUD's just performing exactly like that chart indicates it should - a consolidation phase the technicals suggest would breakout (in either direction) in the next ~3 weeks

though i have to say that poster talking about stock never going below 35c again made me smile.
chart tells a totally different story.