Is Bubs prime for a takeover? It’s a yes, imo.
If MC was $450M during the hype and SP was $1.20 plus, Vs the current MC at $100M and zero hype,
Why not? It’s small change for Mengniu that bought BAL, A2 etc., to gobble it up at its early growth phase imo.
Especially since it’s forecasted to be positive cash flow in FY25, as per the last update.
Yes, we all know that insider CEO has been buying up Bubs shares this month. As always DYOR
Ann: Change of Director's Interest Notice, page-24
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $116.1M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $96.05K | 733.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 419141 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 603726 | 18 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BUB (ASX) Chart |