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0.00% $13.23 bellamy's australia limited

Ann: Bellamy's enters Scheme Implementation with Mengniu, page-361

  1. $$$$$$$$
    7,937 Posts.
    lightbulb Created with Sketch. 998
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    14/10/19
    16:46
    Post #: 40874546
    Seems nuts that it got traded up to this level,
    Whats the point?
    Now a bunch of Aussies have bought at this price,
    No longer making it at much of a premium at all.
    So instead of around $500M from China adding to our economy,
    It will now be bugger all...

    Even less if they cancel the deal...

    Don't think people haven't changed their mind on these types of deals before...
    BAL Price at posting: $12.86 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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