BAL
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0.00% $13.23 bellamy's australia limited

Broke and Busted!

  1. usc75
    7,026 Posts.
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    11/01/17
    14:05
    Post #: 21820148
    At Mercy of Bank(s)...and Everyone Else...

    See today's ANN...

    Page 3: as of 31st Dec 2016, Cash = $1 million only. BAL is using Bank facilities for working capital!

    And the List of Woes goes on and on!

    IMO, BAL is "busted"...and only way out is down.

    DYOR
    BAL Price at posting: $4.33 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 31  Upvote
    lightbulb Created with Sketch.  Great analysis
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