BAL 0.00% $13.23 bellamy's australia limited

BAL price target $12, page-175

  1. 653 Posts.
    lightbulb Created with Sketch. 50
    I am not comparing BHP to BAL.

    I am highlighting the fact that negativity, pessimism, gloominess, down ramping of BHP when it was down is no different to the negativity, pessimism, gloominess, down ramping of BAL when it is down.

    You are the one who has been horrendously wrong about BAL and you are the one who is down ramping BAL.

    This is your post on one of the BAL thread.

    "Be lucky if it's 50 cents.
    They have burned cash like nothing, down to $1m cash.
    Sitting on piles of inventory that lets put it nicely isn't going up in value.
    They will need to capital raise say $50m to stay afloat IMO and even then they might burn that up!
    If you were generous and said market cap post raise Was $1 per share, it means the current shares are worth about 50 cents.
    Whatever you think the EBIT might be that is all before stock write offs.
    And there is a good case they are worth less than 50 cents too."

    50 cents really?

    The US hedge fund that bought millions of shares must be idiots according to you.

    Which hedge fund do you manage?
 
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