BUB 3.85% 13.5¢ bubs australia limited

bubs, page-4

  1. 1,270 Posts.
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    I doubt it, although I am hopefully. A2M is a well managed company, firmly established, in demand, well advanced in china (including their cfda application) and very importantly have security of supply through Synlait. I wish I could say the same of BUBs which already have a few red flags to their name, not least of all telling investors last Tuesday afternoon during the investor conference call that there were no capital raisings imminent when asked by one of the analysts, before going into a trading halt the next day for, wait for it..... a capital raising! It really peeves me that they didn't open this up to the mum and dad investors who have taken the share price from 10c to 96c at its peak, making the CR possible in the first place. Would they have got 45c two months ago when it was trading at 20c? Nevertheless, they decided to dilute the existing shareholders who made the CR possible, many of whom would have purchased the shares as they rallied after the conference call (myself included.) Continuous disclosure anybody? It's not that they can't sort these issues out, but right now I don't trust them and I question the competency of the management. They import all of their ingredients, bypassing Australian certified organic suppliers and Australian goat farmers, blend and mix it in Victoria and pass it off as "Australian made." At the end of the day, they have no real assets other than their brand, and this needs to be built on trust and integrity. I notice also their new tin design is borrowing from A2M. They still have a long way to go to prove themselves and produce the kind of sales that warrant their current valuation.
 
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Last
13.5¢
Change
0.005(3.85%)
Mkt cap ! $120.4M
Open High Low Value Volume
13.0¢ 13.5¢ 13.0¢ $72.33K 542.8K

Buyers (Bids)

No. Vol. Price($)
15 1485016 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 767990 27
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
BUB (ASX) Chart
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