Don't agree. At the moment the lions share of revenue is generated from domestic sales. IMO this means from point of production to being on a shelf and (potentially) sold is 6-8 weeks quicker than if it was put on a boat and exported to China and then put on a shelf. So from raw material to the point of sale could be as little as 4 weeks. Of course there are variables, payment terms with supermarkets, CW etc but I wouldn't have thought BUBs would be waiting months for payment. I believe there is enough working capital to manage the increase for the time being and if/when SAMR is obtained then they will have a greater WC base to access due to the continued domestic growth and profitability.
BUB Price at posting:
$1.41 Sentiment: Buy Disclosure: Held
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