IMO, the post SP movement will be depend on how management view 2017. Been reported they are expecting larger volumes coming from Fonterra in the 1st half of 2017. So if they can meet this and provide an upbeat sales guidance then expect SP to predominately move upward. If all goes well with Fonterra, we could see sales double in 2017 from 250 million to 500 million.
BAL Price at posting:
$12.44 Sentiment: Buy Disclosure: Held
