who cares about the publicity or the relationship building with US retailers? What planet are you in? Do you think profitability just happens out of thin air?
As far as what bubs will do- personally I’m trading my position to a lower average. Made an interesting move last Thursday- bought a substantial amount and then sold the next day at breakeven and so now I have about 15k entitlement units I can apply for, so I have a small holding, have been included in the register by record date, and have spare cash to deploy if/when this reaches .52?
let’s not forget that at .56 the market cap is 411M, which is actually at the top range of SP preconsolidation.
At .52, you’re essentially paying somewhere around .64c pre consolidation, only difference is with an additional ~63m in cash.
unless another material announcement happens, I wouldn’t think that the sp would rise before justifying the current high market cap atm. Bubs needs to prove now.
gltah and dyor
BUB Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held
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