good point re tax losses and market cap. the other side of buying losers is that unless you have a plan to profitability,you are buying a liability that will be a drag on the P&L.
Has BUBs ever turned a profit? have the BUBs issues with their former CEO been resolved? is there a risk of adverse publicity and litigation? maybe there are reasons why it's market cap is $100m.
I would rather see 100m.spent on marketing to the elderly/US FDA, US marketing and the release of new products ie the recent new formula release announcement
if Nestle etc pick up BUBs they will have a drain on their P&L and not much to show for it. Nestle market share in China is way behind A2M. Nestle is better off buying out A2M and actually getting to top 5 spot in China
good point re tax losses and market cap. the other side of...
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Last
$6.24 |
Change
0.070(1.13%) |
Mkt cap ! $4.511B | |||
| Open | High | Low | Value | Volume |
| $6.22 | $6.24 | $6.18 | $7.122M | 1.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9758 | $6.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 34490 | 12 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$6.23 |
Change
0.070 ( 0.48 %) |
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| Open | High | Low | Volume | ||
| $6.20 | $6.24 | $6.19 | 316801 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| A2M (ASX) Chart |