Morning trading June 3rd, page-6

Morning all.
Re BUB. Just basic FA/TA comment in reply.

TA went hard into o'bought after the spike.

SP already went from 35c to 86c.

Lots of trapped holders in BUB for years.

Sales and distribution outlets were already strong.

Just cos US needs more formula doesn't mean BUBs can quickly gear up to make super extra profits that aren't already reflected in increased SP.

So hype vs punters wanting to dump vs whatever the actual business case is atm.

Obviously you can't tell what the hype machine will get up to today.