I expect BUB to sustain above 45c for next few months, how high it will go depending on future developments.
If BUB gets CIQ & CNCA sort it out, it should have a ST boom, then following long term issue of goat milk supply, imo.
BUB, currently has enterprise value of $148m (238m shares + 9.5m options @10c + 35.45m @45c) at current price of 59.5c;
The most close infant formula player, is WHA, has enterprise value of $118m, with a CNCA licensed facility.
All the best.
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $120.4M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $72.33K | 542.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1485016 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 767990 | 27 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |