BAL bellamy's australia limited
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Class Action?, page-2

  1. Dancing
    5,147 Posts.
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    17/09/19
    08:28
    Post #: 40445574
    It'll still proceed. When there's a takeover the buyer will go through a legal review, and the class action will be a main point in their due diligence to address.

    I would think the class action will more likely be resolved in favour of the participants, as the buyer would want this to be resolved more quickly and move forward. The management stuffed up big time in the handling of their announcements back in late 2016.
    Last edited by Dancing: 17/09/19
    BAL Price at posting: $12.89 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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