I think you’ll find that Bellamys was unable to keep up with demand from China for A2M which was more the cause of their problems as well as other issues.
The A2 type of milk is available for any producer to get access to including BUBs, they are not just with goats milk but also with cows milk, the variety of products that will come are endless.
Milk
Formula Powder
Soap
Skin Products
Moisturisers
Etc
And from a chart perspective on the technicals, this mornings 93.5 cents closed gaps and prepares the chart for a rise up to $1.12
All IMO
Ann: Bubs Australia Investor Update - Citi, page-18
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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 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |