Morning all,
Just looking at buying some shares as it looks like an interesting company. Hope you do not mind me asking a question of the 'BUB' faithful.
I cannot imagine there will be any issue in demand for BUB products so imagine if there is an issue it will be that of supply. From the latest presentation it seems that the current factory is at 30% utilisation, so can increase 3-fold. However, from Page 16, it seems to show BUB have secured supply of 65% of the Australian Goat herd?? Assume this means there is a maximum of a 50% increase - if access to every goat in Australia is achieved. Am I reading this correctly???
Will ask the company of course if no-one is sure.
Hope you all have great days.
Goats vailable - limiting factor???
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $263.1K | 2.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 2095802 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 315184 | 14 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BUB (ASX) Chart |