BAL 0.00% $13.23 bellamy's australia limited

Rather than focus on what the registered (ex)-shareholders will...

  1. 12,161 Posts.
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    Rather than focus on what the registered (ex)-shareholders will get from this I am more interested in knowing what financial impact it will have on BAL as a company if it does proceed. BAL isn't exactly flush with cash to cover the costs of defending it let alone having to foot any part of a possible bill not covered by D&O insurance and the subsequent collateral damage that may follow.

    Someone asked outside of H/C where Bain and Co. are at in regards this action given they were the ones advising the strategy that triggered this awful capitulation in the first place and yet the lead at the time is now the interim CEO.

    Share price sitting around the $3.86 mark so far but it is really wanting to go lower.
 
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