People were saying BUBS is overvalued when they offered CR at 0.6 cents and 0.45 cents not that long ago...
Back to the topic, yes, the sales of the goat IF is not good at all the moment (well, otherwise the SP won't be 90 cents). Out of the curious, I looked up the sale figures of the Caprilac milk powder on Tmall, Koala, VIP and JD.com few days ago, I have to say I am surprised.
Will Bubs be successful for sure? Definitely not as the risks are still here. Is Bubs a genuine business who is trying its best to achieve something? I reckon it is. Unlike some other company that buying businesses you cannot even found out where they are, BUB is making deals with genuine Chinese eCommerce, all the names mentioned recently are either top-tier or second tier eCommerce in China, so I don't really worry about BUB at all.
Not every business will success I understand. If, unfortunately, BUB fails, it has gave its best shot IMO.
Ann: Trading Halt, page-24
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $120.5M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.0¢ | $314.7K | 2.366M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 351300 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1626159 | 43 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BUB (ASX) Chart |