I reckon it’s a Good news for internal branded infant formula companies such as Bubs. Abott screwed themselves up in their quality issues happened at US , that affected their consumers confidence in China . Company in their size can’t afford to continue the business there but it’s definitely a great news for smaller company like Bubs to snatch up portion of the 3% market there.
The issue with Chinese infant formula market is the local brands continuing overtake the market . International brands are facing the same challenge . However there are people in China they would only trust imported infant formula and the 3 % market share can welll feed small company like bubs.
snatched another bunch of share today at 0.3 price today .
gldh
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Abbotts pulling out of China …, page-8
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Last
16.3¢ |
Change
-0.013(7.14%) |
Mkt cap ! $145.1M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.0¢ | $631.6K | 3.790M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 359436 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 918901 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 359436 | 0.160 |
18 | 579252 | 0.155 |
15 | 435409 | 0.150 |
6 | 140000 | 0.145 |
6 | 221214 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 918901 | 14 |
0.170 | 594831 | 7 |
0.175 | 113097 | 6 |
0.180 | 867724 | 21 |
0.185 | 750597 | 16 |
Last trade - 13.42pm 29/07/2025 (20 minute delay) ? |
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BUB (ASX) Chart |