Firstly, I do not own Bellamy shares. However, I do own
4 pharmacies around Brisbane. I could tell you that
Bellamy IF sales have dropped a lot in the past 6 months, however the sales
of Bellamy's Baby food eg Baby rice, baby porridge, baby pasta have rocketed
more than tripled in the past few months and it is still growing. Bellamy could
not supply enough to meet its demand.
Well. it will take a while for share price to come back ...but I dont think we would see double digit share price again.
BAL Price at posting:
$6.68 Sentiment: Hold Disclosure: Not Held
