Given the huge continuing negativity towards the infant formula sector it looks like BAL will continue to head lower. In my opinion China cannot win the trade war with the US and could plunge into severe recession if it heads down that path. This has huge implications for ASX listed companies that do business with China. The market hates uncertainty and will continue to put downward pressure on BAL.
BAL Price at posting:
$8.58 Sentiment: Hold Disclosure: Held
