Hi mate, I totally disagree with you, especially your final paragraph. This was a seriously big point of contest when A2 was growing and was proven to be there success for any number of reasons, including summary of options available in selling directly into China. I strongly suggest you do some follow up research, for your own benefit. Believe it or not, the management of Bubs are a lot more clued up on sales and marketing, and running a company, than pretty much all of us......
I bought a large sum of A2 (atm in nz) before they dual listed for less than .16c. It was incredibily differcult at times to hold but after 5 years paid off well........ And all these same points and opinions were circulating during those times.
While I dont necessarily agree Bubs is doing everything correctly, we are all here to make money, preferably short, and long term. I am happy to report bubs has given a good amount of success to me during the past 4 years and I expect it will further pay the wine account in the coming years.
It grates me a lot when people moan about obvious things. For example of course covid will effect sales in the likes of Bubs. There is no reason to find an excuse for it. It is, what it is. Even A2 (sorry to continually quote) lost 25% sp in the past few months. Its like saying the airlines have not managed themselves well as they have lost a huge amount of "business" and sp during covid.
My point could be summarised by saying, shit happens, stay the course and take profits as you go forward. Glta
BUB Price at posting:
69.5¢ Sentiment: Hold Disclosure: Held
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