I dont thInk SAMR will be approved until next year. Politics playing a major part in the reason, China and Australia relations are not great atm. China has approved 2 of their own this month and NZ has got theirs, and now the Chinese government is in Europe negotiating deals with their dairy industry. I can only see if the Australia government improving our relations with China in order to speed up the process. If China keeps delaying SAMR, it's gonna affect not only infant formula companies, but whole industry in the country. I'm not downramping as I'm holding and I really hope we get our approval ASAP!
BAL Price at posting:
$7.36 Sentiment: Hold Disclosure: Held
