If Bal announced a BAD npat and supply issue is not addressed like a2m, it will follow the same pathway as a2m or even worst as investors are now aware not to get trap into the hands of the instos manipulation of sp increase.
If npat is 9.3mil for 1h16 and fy16 is 20mil + no increase in supply = WORST than a2m.
If npat is 13.6 mil for 1h16 and fy16 is 35-40mil + supply increase + Fontera production = Bal super man and will hit $16.
Wait and watch. Strong fundamentals will win.
BAL Price at posting:
$13.92 Sentiment: Buy Disclosure: Held
