BAL 0.00% $13.23 bellamy's australia limited

BAL - Chart, page-1287

  1. 12,161 Posts.
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    My two cents worth. The share price is being played with by experienced operators and this has been occurring since about early August when it dipped below $10. The fundamentals appear solid and the company operates semi-independent of the chinese regulatory framework that so many discuss and debate here. for some the problem may well be that they have taken out loans against BAL to buy more or buy other stocks and as the price of BAL drops they get their shares called up forcing them to sell into counter-market buyers.


    Does BAL have some underlying issues that those in the know are aware of and are exiting as a result? I don't believe so.


    Consider going the reverse and look at this as a buying or accumulate opportunity for a longer time frame than those that seek to destabilise the orderly market trading of BAL shares.


     
 
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Currently unlisted public company.

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