The entire sector is getting a boost by the results of A2M and now BAL. Both BUB and WHA are now valued north of $400m with next to no revenue. Revenue has to catch up soon to justify valuation.
There have been a lot of announcements about BUB formula being sold in various retail outlets, so the market is expecting to see decent results from this very soon.
AU8 got smashed down 20% today. Its valuation was sky high and couldn't live up to expectation.
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