2nd Chinese Fund Increases Their Investments!
With 2 Chinese now on BAL's Board, giving "effective" control, this could turn out to be the "cheapest" or "most expensive" takeover (read gamble) on the Aussie-China Dairy Horizon!
Why? Look at BAL's Balance Sheet. Basically, it's got Zip. Add-or subtract-Zero China Licences going into 2018, then it's one hell-of-a-gamble on the Chinese Authorities kicking the IMF cans BAL's way.
Either way, retail shareholders have the most to lose...
Chinese Takeover?
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