BUB 3.33% 14.5¢ bubs australia limited

" btw just let you know the fundamental has actually changed ."...

  1. 365 Posts.
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    " btw just let you know the fundamental has actually changed ."

    You couldn't be more wrong. BUBS and other Australian Brands are going backwards in China. If there is conflict in Taiwan it's over for BUBS in China.

    If it weren't for the USA concession, BUBS would be closer to $0.20.

    They aren't doing well in the USA either, consumer offtake is below expectation. I'm predicting an inventory issue in FY24, due to aged stock that hasn't sold.

    You will see lower lows than $0.28 in the next 6 months. It's tradeable, but sort your entry and exit strategies.


 
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Last trade - 16.10pm 13/05/2024 (20 minute delay) ?
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