NZtrader, that's a great short thesis you have there. From 85/90 down to 35/50. Good luck.
Haha, he is dreaming. Blackmore share price was a bargain of the year. I don't think it will drop any lower than 70 for the rest of the year. Chinese vitamin market has improved a lot based on ecomerce data and i checked the chemist stores in Brisbane, blackmores is selling well there too. 26 times pe is not expensive if one compare to chinese top brand, tangche, which trade at 29 times...
BKL Price at posting:
$84.29 Sentiment: Buy Disclosure: Not Held
Len
