BAL 0.00% $13.23 bellamy's australia limited

BAL great buy now, page-58

  1. 1,372 Posts.
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    Right Chinese are by nature extremely enterprising and when companies like BAL enter their market , no way are they going to accept a long term situation where they don't have complete control over cost and supply of any foreign country doing business in China . So what happened in Feb. 2016 was typical of them . A Chinese billionaire bought the biggest dairy farm in Tassie 17,800 ha. for $280 million thanks to Australia's Scott Morrison for allowing this Chinese billionaire guy ownership , just another one of the countless resources our government have sold over the years (unbelievable , how many countries sell off their own natural resources) It seems the Chinese are hell bent on supplying the Chinese market using Australia's dairy farms we longer own . What the Chinese don't already own they could well end up owning . This is not good for BAL .
 
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