There has been no statement from BAL, page-17

It's a combination of BKL stating the whole market for stage 3 formula is down 80%, media quoting and publishing this as fact (The Australian & AFR), negative Citi report (also published in a story by The Australian, funny no mention of the Bell Potter BUY call, released the same day almost) AND the erroneous reporting by the ABC...

Basically a free lunch for shorts and enough to scare the pants off regular investors. Only thing shareholders can do is ride it out, don't panic & don't sell at these prices. The company appears to be in fine form, with the most important month in the year upon us. I do hope BAL have some good news to tell shareholders after singles day/month this year.