BAL 0.00% $13.23 bellamy's australia limited

Firstly this tax alleviates the fear that the govt is going to...

  1. 569 Posts.
    Firstly this tax alleviates the fear that the govt is going to ban grey imports. The govt is putting a small tax on imports which will affect all formulas from the netherlands to new zealand.
    A customer who can afford a 45 dollar tin of formula can reasonably afford a 48 dollar a tin of formula.
    I believe the tax is a step in the right direction as it solidifies the grey market with a stamp of approval from the chinese govt.
    likewise the govt is getting rid of 80 percent of duplicate formula brands also which is a positive trade off
 
watchlist Created with Sketch. Add BAL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.