Australia's largest stock trading and investment forum Australia's #1 stock forum

DUB

Click for more information

7.89%

4.1¢ dubber corporation limited

Dubber.Dubber.Do., page-8111

First 8111 Last

Share
Profile

Follow
bastjose

2,555 Posts.

88

06/04/24

17:44

Post #: 73221472
Share

Originally posted by tradie130: ↑

Why do people keep assuming they are close to breakeven? They have been saying this for nearly two years. The revenues they report, and colourfully graph, never match the sale receipts of the current quarterly or the next for that matter. They have no money in the bank, and the indication from news reporting is the $26M is gone and not coming back hence the need for the emergency $24M raise to keep the lights on and pay the bills. They can’t afford to aim much higher than a $24M raise at sub 10c as it will dilute the company too much and the reputational damage if they fail in the placement will be too much to bear. They are still burning $4M to $5M a quarter so they have maybe three quarters to prove if the commercial viability stands up. All eyes will be on the release of the audited report and whether or not they remove the founders and board before they rattle the tin.

Expand

Because there would be no fund raise if there was no hope.

To be sure some big Wiggs have seen the numbers.

We the rest of us have been told nothing.

DUB Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 165 more messages in this thread...

First 8111 Last

Add DUB (ASX) to my watchlist

(20min delay)
Last 4.1¢		Change 0.003(7.89%)		Mkt cap ! $36.88M

Open	High	Low	Value	Volume
3.8¢	4.2¢	3.8¢	$40.70K	1.032M

Buyers (Bids)

No.	Vol.	Price($)
6	92295	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	59641	2

View Market Depth

No.	Vol.	Price($)
6	92295	0.038
3	338837	0.037
3	492200	0.036
4	323374	0.035
2	91000	0.034

Price($)	Vol.	No.
0.042	59641	2
0.043	6953	1
0.044	25000	2
0.045	52602	3
0.047	14000	1

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 3.9¢			Change 0.003 ( 0.26 %)
Open	High		Low	Volume
3.9¢	4.2¢		3.8¢	556064
Last updated 15.59pm 07/06/2024 ?

DUB (ASX) Chart