Stomper, I totally agree re disclosure. They separately announced the supply agreements in ASX releases (Jul 2015 & Nov 2015), but provide no disclosure in the Annual Report re the financial burden. How does the Auditor sign-off on that? How onerous are these take or pay contracts is a major reason for the suspension.
Also, if the recent article in the Australian is correct, BAL's entire business model could well be screwed.
http://www.theaustralian.com.au/nat...s/news-story/654c955c6e7f430cd89995a5bd44fa2a
"It is also moving to insist only dairy companies that produce their own milk, process it, blend it into an infant formula mix and put it in tins all in one location, none of which Bellamy’s does, will be granted import licences from 2018."
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Stomper, I totally agree re disclosure. They separately...
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