BAL bellamy's australia limited

Bellamys in China Trouble, page-32

  1. 227 Posts.
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    With the recent price drop because of GS mentioned "bellamys MIGHT expect delays for CFDA and lower the target price to $21". I think management should care about shareholders if there is nothing to hide. They should annouce "we haven't received any information for delays of CFDA and as mentioned earlier that receiving CFDA licence might take while and Business is as usual"

    This announcement would atleast inform shareholders that what is going on and could have save SP to drop.
 
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