BAL will bounce aggressively soon as IMO it has been oversold...remember the H1 annc..
"Bellamy’s expects revenues in the second half of this financial year to be stronger than the first. While still early in the second half, based on current trading trends and known and planned supply arrangements, Bellamy’s forecasts group revenue for the 2016 full financial year to be in the range of $240 million to $260 million. "......
Beware of further profit upgrades in the coming months prior to August FY results......the SP will recover and then some......
BAL Price at posting:
$10.33 Sentiment: Buy Disclosure: Held