Totally agree with you. Competition in this space has become fierce and the fad is over. My average price was $13 and having held for nearly 2 years now, I wanted to be out at a minimum of $15 to have made some money on this holding. But I believe management deep down in their heart know that SAMR might never come for it's organic range and if that's the case a $13.25 share price has no hope of ever occurring in the future. I sold out today at $12.95, leaving 30 cents on the table but it's the prudent thing to do having seen 25 million shares change hands and there was about 18 million shares short. So for all we know all the short covering could have happened today.
- Forums
- ASX - By Stock
- BAL
- Ann: Bellamy's enters Scheme Implementation with Mengniu
Ann: Bellamy's enters Scheme Implementation with Mengniu, page-218
-
- There are more pages in this discussion • 146 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BAL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online