BAL 0.00% $13.23 bellamy's australia limited

I, like others, have to accept that I bought into a company run...

  1. 2,402 Posts.
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    I, like others, have to accept that I bought into a company run by deceitful amateurs.  They ramped up supply/dumped sales at the end of  2016 HY2 which ramped the SP - after which they sold their holdings.  Now their product is 50% off in china, which will further frustrate daigou's.

    The company has been destroyed, due to management incompetence.  Laura got lucky (i.e. had a HUGE gift) when chinese buyers hooked onto her product, and did all of her marketing/distribution for her.  Instead of nuturing that relationship, she has blown it up.  I hope Laura gets sacked asap.

    http://www.copyright link/business/...organic-came-unstuck-in-china-20161205-gt4dgk
 
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Currently unlisted public company.

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