BAL 0.00% $13.23 bellamy's australia limited

The figures (totally simplified and crystallised as one key...

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  1. 701 Posts.
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    The figures (totally simplified and crystallised as one key figure) for net margin deteriorating by around 10% from 22% to 20% didn't really amount to a justification for a 50% price fall, so looks like they have re-done the figures and come up with a bigger drop.
    Then, given they're under ASIC pressure, they're taking two days to get KPMG or maybe even McKinsey to come in and check the maths.

    More fees into the pigs trough, more pain in the shareholders bucket.

    Wazz
 
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