The SMH article is quite alarming.....Bal made SAMR application 23 months ago. No wonder the board are saying accept the Mengniu offer. Bal is merely a political pawn.
We have already seen how not having clear access to the Chinese market has affected sales/profits.
On another note.....has anyone checked on Prosperity???? Still above ground, or died of boredom. Things are not as entertaining as they used to be
BAL Price at posting:
$12.88 Sentiment: Sell Disclosure: Not Held