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$13.23 bellamy's australia limited

Ann: Business Update, page-85

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fffoyzer

1,640 Posts.

02/12/16

11:01

Post #: 21054932
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Originally posted by wetunderscoresandwich ↑

Careful with 'topping up'.
As the market adjusts to reality, the expectation of the dividend increasing by a huge amount is slim, and thus a $6 price would be fair to turn this into a dividend stock now that the growth phase is long gone.
Sorry for those who bought anywhere over $8 though. Especially on margin - unexpected bankruptcy in a single hour. I admit I almost bought sheetloads on margin at higher prices than this myself.
I'm shaking just at the thought that I could have done that.

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Agree..i have a buy order in @ 6.05

BAL Price at posting: $6.97 Sentiment: Sell Disclosure: Not Held
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