let’s not forget the huge number of shares that about to be on issue. Circ 1.9b. Can’t see SP moving to double digits for a long time unless they harpoon a whale, not likely. $40m in debt costing about $4m per annum at best. Increase burn more losses. BUD management have a lot to do to get to break even by Xmas. IMO
BUD Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held