The problem is the potential you speak of is gone.
Bellamy's rode this wave at it's peak, but the tides have changed now. Even the might A2 has been crushed.
Australian Infant Formula is now dead in China. The new regulations for CBEC have killed the Daigou and the new Regulations for SAMR mean more than 75% of bricks&mortar formula is Chinese origin. It's gone.
It's over people.
BUBS has now cut their China Distributor lose ( A2 Andy ), so BUBS don't even have a Distributor in China now. Imagine the damage Andy can do by dumping his stock in China. He can trash the brand very badly if we wants.
Yes, the USA remains a possibility, but that's lots more work and money to establish.
It worries me that people are throwing money at this thing at the moment.
I still can't see at value > $100M for BUBS which means $0.14 at best for a take over price value.
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.9M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 13.0¢ | $511.6K | 3.852M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 941440 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 167224 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 878748 | 0.130 |
33 | 3667044 | 0.125 |
78 | 4628711 | 0.120 |
37 | 2282852 | 0.115 |
43 | 1145171 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 67224 | 1 |
0.140 | 865939 | 19 |
0.145 | 458971 | 13 |
0.150 | 1113384 | 34 |
0.155 | 192246 | 12 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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