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An update from Bubs Australia Ltd. ( (AU:BUB) ) is now available.
Bubs Australia Ltd. announced the resignation of Katrina Rathie as Chair and Non-Executive Director. During her tenure, Rathie led the company through a transformative period, achieving its maiden profit and significant revenue growth. Her leadership was instrumental in overhauling employee policies and spearheading diversity initiatives. Rathie’s departure marks the end of a pivotal era for Bubs, as it transitions from a founder-led company to a profitable, well-governed entity with a strong market presence in the USA and Asia.
The most recent analyst rating on (AU:BUB) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Bubs Australia Ltd. stock, see the AU:BUB Stock Forecast page.
More about Bubs Australia Ltd.
Bubs Australia Ltd. operates in the infant formula industry, focusing on producing and selling infant milk formula and related products. The company has expanded its market presence across Asia and the USA, achieving significant milestones such as its first profit and a revenue milestone of over $100 million.
Average Trading Volume: 2,040,543
Technical Sentiment Signal: Buy
Current Market Cap: A$138.4M
Learn more about BUB stock on TipRanks’ Stock Analysis page.