BUB 0.00% 13.0¢ bubs australia limited

I suspect they'll sell a very small number of shares today...

  1. 4,102 Posts.
    lightbulb Created with Sketch. 1787
    I suspect they'll sell a very small number of shares today bringing their holding marginally under 5%.

    That way, the change in holder notice will show virtually no change (i.e. 5.04% to 4.99%). After that they can sell (and buy) as many as they want so without a notice, so long as it remains below 5%.

    Unfortunately, after receiving 30% percent support I doubt they will pack up and leave altogether. Ironically, had they waited a little longer for the current management to take greater ownership over the company's problems they probably would have had a better shot.
 
watchlist Created with Sketch. Add BUB (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $115.9M
Open High Low Value Volume
13.0¢ 13.3¢ 13.0¢ $95.18K 730.0K

Buyers (Bids)

No. Vol. Price($)
12 1388600 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 320102 8
View Market Depth
Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
BUB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.