BUB 0.00% 11.5¢ bubs australia limited

Ann: Bubs Q4 FY23 Quarterly Activity and Cashflow Statement, page-54

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  1. 14 Posts.
    lightbulb Created with Sketch. 18
    I see in the Fin Review that they claim their stock built up in warehouses is up to 5 years old, consequently it would only be suitable for stock feed even in the domestic market. The cost of re-importing it would be a disaster and then to open thousands of cans of tinned product and repack would cost a lot also. Its a dead weight loss regardless of how you look at it. Best bet would be to recover stock feed value in China and move on...
    https://hotcopper.com.au/data/attachments/5482/5482100-2930ae7f85c989b699b1cf7f3094d12f.jpg


 
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