Does anyone think if the price keeps falling to the low 3s or even 2s it could be bought out for say $5.
The new owner could have options like:
* raise the price in Chinese channels or stop selling direct in china
* keep the price same in Aus (but above would point may get Daigous back?) ie don't discount in Aus
* write off up to $100M inventory if required (to prevent premium product never gets too close to use by dates)
This would be a total investment of around 600M
BAL Price at posting:
$4.01 Sentiment: None Disclosure: Not Held