Most of the cow milk IF company don't own their own cows anyways and buy milk/milk powder from suppliers. Given that there is not enough local supply for goat milk, the company has to source overseas. Having said that, goat milk sourced from Netherlands is regarded as good and high quality.
In relation to the current facility that BUB uses, this has been discussed on here before. Pretty sure BUB uses Blend and Pack in Vic. Mason Financial and Wattle Health recently paid $80m AUD for 80% stake with the remaining 20% owned by the previous owners of the business. Mason Financial holds 75%, Wattle owns 5%. Mason Financials also holds shares in Wattle.
Only 3 formulation can be registered by each of the 8 canning facility. WHA has already taken 1 spot and may or may not take another. Still leaves 1 spot for BUB. I'm sure Nic is in discussions with Blend and Pack, however nothing concrete has been announced on ASX yet so no point speculating. Anything can happen.
CNCA Hype, page-4
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $150.2K | 1.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 3176510 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 490028 | 5 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |