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Bubs Australia Ltd (ASX:BUB) was founded in 2006 by Kristy Carr and was listed on the ASX in January 2017. Its infant formula is based on goat milk and it also sells organic baby food. Bubs recently acquired NuLac Foods, Australia’s largest producer of goat milk products, it also guarantees exclusive supply of local goat milk from Australia’s largest herd of milking goats.
The Bubs Australia Ltd (ASX:BUB) share price was trading lower today despite the broader Australian share market trading slightly higher and Bubs’ shares being admitted into the S&P/ASX 300 Index (INDEXASX:XJO).
Zip Co Ltd (ASX:Z1P) and Bubs Australia Ltd (ASX:BUB) just made it into the ASX 300 as part of the S&P Dow Jones Indices’ quarterly rebalance.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.06% on Friday.
Bubs Australia Ltd (ASX:BUB) has reported its FY19 result, is the share price a buy?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.24% at lunch.
The Bubs Australia Ltd (ASX:BUB) share price will be on watch after it revealed its growth in the fourth quarter to June 2019.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.74% on Friday.
The Bubs Australia Ltd (ASX:BUB) share price went up almost 7% today.
US President Donald Trump and China’s Xi Jinping have agreed to restart trade talks, sending companies like Bellamy’s Australia Ltd (ASX: BAL) and Fortescue Metals Group Ltd (ASX: FMG) higher.
