Why Bubs shares have more than doubled in 2019
The Bubs Australia Ltd (ASX: BUB) share price has been one of the best performers on the All Ordinaries index with a gain of 175% year to date. A series of positive updates and developments have led to its shares rocketing higher this year. The most recent update was its fourth quarter release which revealed that the infant formula and baby food company had seen its sales hit a quarterly record of $18.46 million. This was more than its entire sales in FY 2018 and lifted its full year gross revenue up to $51.3 million, which is a massive 179% increase on the previous year.
BUB chart, page-2145
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.3¢ | 12.5¢ | $237.7K | 1.838M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 3691639 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 34001 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |