You either don’t read the announcements or you don’t understand them. The whole idea of this JV is to mitigate the current geo-political situation. Management are the opposite of oblivious to it, they are literally acting because of it!!
“Given the current geo-political landscape and regulatory risks, this breakthrough localisation strategy for a ‘Created by Bubs®’ product to be packed in China exclusively from our own Australian premium goat milk mitigates key risks and provides a secure pathway to gaining full access to the world’s largest and fastest growing Infant Formula market, valued at A$55 billion.” - taken straight from the announcement.
Travel bubbles have FA to do with exporting, do you think Aus is going to stop exporting iron to China because there’s no travel bubble? There’s no IP to lose here either, it’s literally goat milk powder. Unless the Chinese are going to kidnap Bub’s goat herd, I think we’re pretty safe on that front.
BUB Price at posting:
73.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)