My forecast is that Bub will hit 25-30c again between now and the next 12 months.
US sales will be on steroids, as per management's forecast.
The Chinese market is not dead and is gaining momentum again, especially now that China has removed all trade tariffs for Australian exports and is welcoming our goods again, imo.
All other analysts, will eventually re-rate Bub much higher imo.
Here is the forecast from other analyst.
Ann: Bubs Results of Share Purchase Plan, page-10
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $263.1K | 2.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 2095802 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 315184 | 14 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BUB (ASX) Chart |