I am GLAD that CITI short attacked and that BAL management did not provide any update or market guidance this has caused one of the most exciting stocks I have ever seen to be OVERSOLD and enabled me to buy 25k shares @$11.19.
A massive investment the biggest I have ever done in my investment life, however my research shows this is a no brainer at these prices because with FONTERRA on board and the GROWTH story I feel this could be an early retirement play.
When a stock of BAL GROWTH POTENTIAL is trading under PE 20 and my research shows nothing but blue skies ahead GIDDY UP
The only issue and it's a big one is CHINESE REGULATION and BAL is ahead of the curve with people on the ground in CHINA and as A2M stated at the AGM this risk is not even a factor moving forward.
I only wish that when I sold A2M recently @$1.92 to buy ACX @$4.57 I instead had bought more BAL @$10.70
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I am GLAD that CITI short attacked and that BAL management did...
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