Cannot get batter then seeing the short sellers burnt. As far as the T/O I think I would take the money and run. The annual report was ordinary to say the least and it looked as though BAL had made some colossal mistakes looking at past strategy, so the trading at $20 you have to look at the time line, current market at the time, P& L and PE to mention a few. BUB's will ride on the tail of this I expect with BAL out of the ASX and where they are strategically, BAL will leave a gap in the ASX and baby formula space.
Well done to the S/H you have I hope made a good profit!!l.
BAL Price at posting:
$12.89 Sentiment: Sell Disclosure: Not Held