DUB 0.00% 22.0¢ dubber corporation limited

Dubber.Dubber.Do., page-917

  1. 2,783 Posts.
    lightbulb Created with Sketch. 1900
    Curious on others thoughts on this....

    Dubber released an Ann in early December indicating they had acheived $500k in revenue in the previous month of November and in turn the performance hurdle of two consecutive months by 31 Dec of revenue of =>$500k was on track. They subsequently maintained that level of rev in Dec and acheive the milestone for tranche 1 performance shares.

    Fast forward to now and to achieve tranche 2 they need the months of May and June to each have =>$1mil in revenue.

    Yet this time round we haven't had an update in June indicating that $1mil had been acheived in May.

    Given previous reporting has not been followed would this suggest that revenue in May was less than $1mil?

    This has been what has held back from buying into the recent run. There has been no numbers to back it up.

    Will continue to monitor.
    Last edited by jlo2012: 25/06/19
 
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