Exactly how far does it have to drop before people realize they have been played like fiddles? All the way down from almost 8 dollars people here have argued the market doesn't know its value but they do. How much money has been lost by forumites? The thing isnt formula milk. Its not A2. Its growth was sluggish in H1. Use some critical thinking, its not worth 37x. It wasnt an unconditional offer unless I have missed something (quite possible). Its non binding and indicative. Its lucky to be worth 15x based on H1..not 37x. Who is running the show now?
Surely at the very least real investors would wait on the full year report to see exactly how many bottles of $10 shampoo was sold. That will tell you what its worth. Not these games. I really really hope the deal goes through but based on the shenanigans so far, im guessing fat chance. Hope im wrong.
BWX Price at posting:
$5.27 Sentiment: Hold Disclosure: Not Held
