The writing was on the wall? You are kidding. This company continued to not disclose the mess that was underway, in fact we were all lead to believe all was well in the world of BAL.
In fact australian and china sales are flat and the inventory blowout is a debacle. It took along time for them to come clean, leaving us holders stuffed.
Negligence and incomptence at play here IMHO from management, CEO, CFO and the board.
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