Australia's largest stock trading and investment forum Australia's #1 stock forum

BUB

Click for more information

0.00%

15.0¢ bubs australia limited

Hi jonhg. I asked the question of aquasea as to whether the...

First 93 Last

Share
Profile

Follow
Jimofthewest

156 Posts.

8

03/11/20

12:31

Post #: 48609646
Share

Originally posted by jonhg: ↑

Cibus is the bulk of the Australian milk supply and was most of the milk to the profitable nulac foods which had sales of nearly $20m prior to its sales to Bubs. Since then bubs has kept only the caprilac brand and sold the rest off.

Page 37 states the contract with cibus terminates on 31/12/20.
Bubs has stated that it has another supplier to replace Cibus. Obviously bubs can not lie. So it remains to be seen if their new supplier actually succeeds. If their new supplier does not deliver as expected bubs won't have Australian goat milk and cibus will be in the position it was prior to the bubs contact, ie with the milk and the provenance story.
Bubs may well be looking at nuchev which only uses imported powder, but then nuchev is only worth 20% of bubs.
Time will tell.

Expand

Hi jonhg. I asked the question of aquasea as to whether the goats IF was organic, and whether bub imported any powder from Europe. He said that they are using Victorian suppliers for their IF. didn't realise there were organic goat herds supplying from australia. You seemed to understand a bit on that and wondered can the current Australian supply base continue to support bub volumes in your opinion.
Great that they are supporting suppliers, and not buying powder from overseas.

BUB Price at posting: 65.5¢ Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

First 93 Last

Add BUB (ASX) to my watchlist

(20min delay)
Last 15.0¢		Change 0.000(0.00%)		Mkt cap ! $133.8M

Open	High	Low	Value	Volume
15.5¢	15.5¢	14.5¢	$135.7K	904.7K

Buyers (Bids)

No.	Vol.	Price($)
30	1425902	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	320318	9

View Market Depth

No.	Vol.	Price($)
30	1425902	0.145
32	1549392	0.140
19	621243	0.135
11	155248	0.130
14	1172500	0.125

Price($)	Vol.	No.
0.150	320318	9
0.155	885861	23
0.160	535958	19
0.165	774993	12
0.170	524508	16

Last trade - 16.10pm 10/05/2024 (20 minute delay)


Last 14.8¢			Change 0.000 ( 0.14 %)
Open	High		Low	Volume
15.0¢	15.0¢		14.8¢	939436
Last updated 15.59pm 10/05/2024 ?

BUB (ASX) Chart