I am so annoyed with myself, I bought about 15 days ago. I had followed the Bellamy story for at least a year and thought it was getting away from reality. I thought this company was trading on Australia's clean, green reputation (not enough research). I bought shares as long term recovery at $6.50. Now I find out that Bellamy does not include ussie milk in product. Milk comes from Hungary and (I think) Austria. Bellamy has no farms, no cows in Australia. Just a importer, packaging and exporting company. What a con. The Chinese are passing laws that put suck companies out of business in China. New rules say you must own the farm, own the cows, process and package on same site.
Ponzi would be proud of these people.
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