Thank you for sharing this

First 677 Last

Share
Profile

Follow
moboy

234 Posts.

10

22/12/20

12:37

Post #: 49753831
Share

Originally posted by takizawa2: ↑

Deanne Curry (GRACosway) < dcurry @ gracosway.com.au>

Tue 22/12/2020 11:36 AM

Hi xxx,

We can’t speak for the reasons behind the buying and selling of shares or the degree of share price movements on the open market. We have no control over this. However, commentary on investor forums would suggest that decline in price is being driven by concern over the decline in trade relations between Australia and China. The profit downgrade issued by A2M has likely had a negative impact too.

This is unfortunate as nearly two thirds of Bubs business is generated from within Australia but the higher share price was driven partly by the future growth opportunities perceived in the China market. Bubs is still selling product into China via e-commerce channels and is continuing to progress options to have a licenced product sold in stores in China.

Please let me know if you have further questions.

Kind regards,

Bubs Australia Investor Relations Representative
Deanne Curry | Consultant
T: +61 2 8353 0401 M: +61 414 388 997 E: [email protected]
Level 21, 6 O’Connell Street, Sydney NSW 2000

GRACosway is Australia's leading public affairs and corporate, financial communications counsel. We are registered under the Lobbying Codes of Conduct in NSW, QLD, WA, TAS, VIC, SA, the ACT and federally. GRACosway is also a member of the Australian Professional Government Relations Association and adheres to its Code of Conduct.

CAUTION – This message may contain privileged and confidential information intended only for the use of the addressee named above. If you are not the intended recipient of this message you are hereby notified that any use, distribution or reproduction of this message is prohibited. If you have received this message in error, please notify GRACosway Pty Ltd (ABN 50 082 123 822) via return email or on +61 2 8353 0400.

Expand

Thank you for sharing this

BUB Price at posting: 56.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AS2

Askari sets exploration target of up to 323K ounces Au at Burracoppin

LAT

Latitude 66 Shares Surge 8900% on Promising Exploration Update

STN

Saturn’s stars have aligned for the gold explorer’s Apollo Project

LLC

ACCC raises competition concerns about acquisition of Lendlease projects

SXE

SCEE boosts Synergy deal by $50M for Collie battery project