BKL 0.00% $94.73 blackmores limited

Blackmores oversold scare tactic, page-41

  1. 2,365 Posts.
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    PTW, yep. That's why their scrip is so high. Marcus Blackmore, i think owns about 8-11 million shares. Imagine 50million plus in the bank end of June. They need to do something with it. Debt (long term) is under control. They reward their workers with one month salary bonus, we're next in line. Paying $2 special dividend is only going to chew 35million. I don't think they are looking at acquisition. Their too busy managing existing growth and new line of business in IF and Indonesian JV.
 
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