BAL 0.00% $13.23 bellamy's australia limited

New information, page-29

  1. 1,525 Posts.
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    Not really... for Rob Woolley, there's no point in "robbing BAL to pay TFL"
    Most of BAL's costs are in milk.. not chicken crumbs..

    TFL's main aim is to try and sell chicken at its highest value point... but will take some time because the chicken business is negative cash flow and TFL are asking $30M for it to buy the business and pay down the debt and then spend money on capital works to develop new products....and there's also the distribution channels that needs to be setup outside Tasmania...

    Lots of work to be done .. and sits as a spec stock.. not a growth stock
    Chickens aren't exactly in demand either...
 
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Currently unlisted public company.

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