Have to say any business that is depending on daigou market to be successful deserves the pain they are getting. Daigou is essentially taking supplies that should be on the Australian market and transferred overseas (mainly to China) - this should be illegal because Australian parents and families need to compete with buyers who have no intention of consuming the product in Australia.
if companies want to access overseas market, bypass Daigou and market directly to the markets that want it. It will definitely result in more money for the company and also serve the overall community.
I am a BUB shareholder but don't mind having this pain if management are going to be so short sighted to depend on such an unethical business model to succeed.
GLTA
BUB Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
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