Chris read my previous posts on BUB where i give my reasoning and financial facts for the valuation. I agree that WHA also has a crazy valuation and won’t last. The MC of bub is not sustainable because profitability is years away, if at all. The up rampers will toss high growth rates at you in percentages but in dollar terms it’s peanuts. It could not make money as a private company and BUB jumped opportunitish into the listed space as it was running out of cash. With a cash burn rate of $2m plus per quarter there will be a CR soon. Ultimately the market will rebalance and we will see sub 40 cents, IMO
Chris read my previous posts on BUB where i give my reasoning...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $124.8M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $209.1K | 1.461M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1257458 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 1284404 | 24 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
14.3¢ |
Change
0.000 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 14.5¢ | 14.0¢ | 1470542 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BUB (ASX) Chart |