BAL 0.00% $13.23 bellamy's australia limited

Ann: FY19 Annual Report, page-207

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    Growth shares traded at 30x earning. Shares that loses 20% market share a year should trade at around 10x earning.

    Management promised that if they put some omega 3 in the advanced formula. Storks will start flying out the door. How did this disaster happen?
 
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