Get the whole thing on brand - albeit brand "Australia" more important over in China I'm led to believe than Bellamy's itself. So that leaves them with a recipe as their goodwill, no production, no assets other than stock, and questionable management stability. In real terms a company like this cannot sustain large debt levels so let's hope they don't end up down this path.
I remain a Hold but tempted to take my small gain the closer we get to the forthcoming showdown where ego's seem to be the main game.
BAL Price at posting:
$4.23 Sentiment: Hold Disclosure: Held