I heard on the Sky News Channel some experts are calling this Infant Formulae market a "BUBBLE", however from what I have been reading the market in China for this product is huge and BAL & A2M only supply a fraction of this market at the moment so it appears this so called "BUBBLE" has a long time to travel before it may pop. I believe that the current upward momentum in the share price will continue during 2016 and we could see $20 in early 2016....just look what happened to Blackmores.....$100 to 200 in less than 3 months......what do you all think, can we get to $20 by the Feb. half year results?
BAL Price at posting:
$10.00 Sentiment: Buy Disclosure: Held