BUB 0.00% 13.0¢ bubs australia limited

A2M and BUB correlation

  1. 2,115 Posts.
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    I feel BUB has taken a bigger hit due to the downgrade A2M and the issues China has had on A2M.

    BUB quarterly shows significant China and Australian growth and growing market share, two different companies one BUB growing earning/revenues the larger company in a bind due to China reliance.

    Yesterday the papers had universities flying foreign students back to Australia 250 a week for Sydney uni etc the shackles coming off USA and Europe covid restrictions so a newish normal presenting.

    BUB last raised funds at 85 cents well cashed up and has some tailwinds, i'm really looking forward to the next Quarterly report for a sales update.

    Would love to see some director on market buying before the blackout window starts as a bode of confidence but doubt we will see this.

    It's very cheap around this 40 cents price and if A2M tracks higher we will follow even though BUB is better placed at current levels and company risk/reward, plus corporate appeal in BUB being taken over.......

    DYOR
 
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