BUB bubs australia limited

Woolies online, page-16

  1. 3,225 Posts.
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    This will be the same for this QRT, not much will have changed IMO. Management will depict the increase of revenue/receipts by adding Nulac, should be around the $4m receipts but outgoings for Nulac is about $3,8m so very little upside. The cash burn will continue in earnest and an CR at a discount will most likely happen in 2018, resulting in further dilution. This will be oversubscribed again as it is easy money with a quick profit. AIMO.
 
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