BAL 0.00% $13.23 bellamy's australia limited

I see BAL lower, page-30

  1. 6,579 Posts.
    lightbulb Created with Sketch. 358
    That's my question, how much cash BAL needs to survive and if they knew they are in need of cash why they didn't do the CR at $13?
    Now if they need cash what's the issue price? $3? $2? to make sure they get all they need. Hmmm I remember some of you saying that BAL will be $20 very soon and it was very very tempting to buy in but I am so glad I didn't.
    I do not think that all is lost as long as they raise the capital needed and then they will need to regain the trust in the market.
 
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.