BAL 0.00% $13.23 bellamy's australia limited

Conjecture, page-16

  1. 647 Posts.
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    A few things to get straight ;

    Bellamies has had no debt for 18mths but did earn Interest of $588,000 from cash.
    So tomorrows announcement is not about Raising cash.

    Point 1 ; is about changing forecast for future earnings which if they have to announce it must be more than >5% fall in earnings.

    ASIC is investigation the sale of shares back in Aug / Sept by 2 directors is a bad sign but they can be replaced with Directors who can manage their sales better.
 
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Currently unlisted public company.

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