280 million babies in 12months sounded impossible. But even 28million is huge! I expect this number to stay high as most parents want a 2nd child and don't trust Chinese govt to suddenly change law back to one child. We may find first time Mum's quickly try for a 2nd due to this factor. Let's Aussie trade officials in Bejing are speaking up re these taxes. BAL management don't seem too fazed but Mr Mkt remains wary. BAL should produce a quarterly revenue/sales update.
BAL Price at posting:
$10.10 Sentiment: None Disclosure: Not Held