Re birth rates - From what I can see, for any movement in birth rates in Australia in 2022 or the near future, we are talking about less than 10% (I suspect less than 5%). It's not a particularly relevant consideration.
BBN share price has fallen by >50% in the last year, and it has nothing to do with birth rates. It looks like the company has been overvalued. Sure, I wish I had bought in last week rather than last year, but I'm still hopeful that the future is bright. With good management and continuation of market-leadership, I'm in for the long haul.
Medium/Long Term future of Baby Bunting?, page-56
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