Well, think I've lost an arm, but still have two legs (and one arm)! Bloody day for BAL holders, the madness continues.
The funny thing is that the announced and implemented changes have very little impact on BAL, We are yet to hear anything (except rumors & fear-mongering) about direct to consumer sales changes. Daigou are busily selling formula and babies busy drinking it as the share market prices in the worst possible outcome...
Fear, misunderstanding & confusion are all alive and well at the moment. When the dust settles, BAL will still be making big profits and growing strongly.
BAL Price at posting:
$9.03 Sentiment: Buy Disclosure: Held