Ex-holder from the heady days when BAL was the market darling a couple of years ago.
I pulled out near it's peak and have never looked back.
One reason was when I learned there was one of those Chinese mega-rich people bought out half of Tasmania's dairy farms. Good business idea I reckon - cut out the middle-man.
I thought at the time, that's the end of the Aussie milk industry to China.
When I've kept the occasional look-see into BAL I've often wondered how it's SP seemed to be doing so well despite all it's on-off troubles since then.
Great product but working with a system that is out to screw it.
I would have thought that those running BAL must have been aware of the trading dangers - maybe they have new markets in mind, e.g. USA or Asia
Once again, this isn't looking good for BAL and those holding have my condolences - hope it works itself out.
BAL deserves a place for its product
BAL Price at posting:
$6.74 Sentiment: None Disclosure: Not Held
