The company has increased its fixed cost base in hiring the sales people, yet revenues appears not to have grown significantly. UBN has $7.7m in cash and employee expenses total $10m. Unless they start sacking, or get some cash coming in - this is a capital raising waiting to happen in the future. I have no trust in management forecasts.
Results FY16, page-22
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.38M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 44.0¢ | $2.216K | 5.037K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4865 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 10000 | 1 |
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| Last trade - 13.08pm 26/11/2024 (20 minute delay) ? |
| UBN (ASX) Chart |
