I guess they are not putting their millions to sell it below $4 if they are called turnaround specialist.
Delta Partners has spent about $38.5 million buying shares in Bellamy's since the initial substantial shareholder notice came through on January 27, including its latest spree where it outlaid more than $3.56 million buying shares from February 14 to 22. Boston based investor Delta Partners has upped its stake again in troubled Bellamy's Australia, increasing its holding to 8.79 per cent from just over 8 per cent
The turnaround specialist's largest investments include Netherlands-based organic food multinational Royal Wassanen, which produces a range of healthy granola and cookies, range of fair trade coffees, hot chocolate and tea, soy and almond milk and other organic food products. Delta Partners has been increasing its stake in recent months and is now the second biggest shareholder
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