Barely! And even then it's the cheapest major dairy stock on ASX that is not 1) speculative, 2) at debt, 3) in a scandal!
Almost all indicators are in the positive territory, so the rational conclusion for the drop is that it's not caused on the basis of technicals, but rather a wider reaction to the market and SP movement manipulation!
Basic economy: during downturns, you can always stop buying that new car or jacket that you don't need, but you always have to feed your baby a milk formula from a brand that is 1) reputable 2) high quality 3) affordable!
BAL - Chart, page-1303
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