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$13.23 bellamy's australia limited

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8horse

34,354 Posts.

9150

23/07/18

15:36

Post #: 34521806
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Originally posted by aniesbaswedan ↑

If bal is going the normal formula route then that in itself is going to be a big problem in getting the approval. I think that was one of the issue that andy chen outlined. The problem with bal is the fact that the SP had a lot of china hype priced in. Now that getting approval is very uncertain then the SP simply going down to meet the fair value without China factored in.

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Maybe you check how much sales were from China.
BAL hayped?
What's the difference between $10 and $12 per share?

BAL Price at posting: $11.47 Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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