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The company has increased its fixed cost base in hiring the...

  1. LithiumHydride
    108 Posts.
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    26/08/16
    13:06
    Post #: 18710067
    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.
    UBN Price at posting: 31.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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