good posts marsh, totally agree on both your posts
the report told us nothing more negative than what was already pretty much disclosed. no surprises to the down side. in summary the report was fairly neutral with even a slight hint of positive guidance in my opinion.
and yes there are certainly challenges, for example next week egm another one, but all in all my take is the damage is now priced in more or less and I feel if people are brave and start buying in now there could be some money to be made in the next 12 months perhaps. I think moving into the future it will be hard work for bal however we may even get some very slight positive surprises.
also im not sure on others thoughts, however if black prince don't win it, then I doubt they will sell down all their holdings which will only drive down the sp even further to their own detriment.
BAL Price at posting:
$4.30 Sentiment: Hold Disclosure: Held
