BUB bubs australia limited

It won't fall below 80cents. It looks like a downward trend...

  1. 696 Posts.
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    It won't fall below 80cents. It looks like a downward trend since early May, but I think it will bounce up a little.

    $28m fully subscribed, but BUB wants another $10m, going up to $38m. Up to $30,000 for each eligible holder in the SPP. 30,000 dollars per holder seems higher to me, when I participated in WEB SPP, I maxed out at around 20,000 dollars worth of shares (that's all I could get).

    Commbank shows almost twice as many shares on offer than on bid - that would not worry me either. I have seen shares going up in that scenario.

    I think it all boils down to whether you buy the story, and this story will unfold over the next 3 quarters. So, sharpen your pencils for the 4c reports.

    The fact that openly discuss an exit point, reveals a degree of scepticism. I think you are not alone, given that many shares on offer. I think this share is much more driven by fundamentals that chart. So, I guess, there will a positive announcement on some distributor agreement or new product line in the next 6 weeks; that will bounce of 6 to 10 points, and you have your exit point (if you are still sceptic). These announcements in the past have had that impact.

    My 5 cents worth.

    GLTAH
 
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(20min delay)
Last
17.0¢
Change
-0.005(2.86%)
Mkt cap ! $151.8M
Open High Low Value Volume
17.5¢ 18.0¢ 17.0¢ $91.61K 522.7K

Buyers (Bids)

No. Vol. Price($)
26 1899644 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 57813 3
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
BUB (ASX) Chart
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