Mate Bellamy we distribute and we are seeing a high demand for the product. But the big issue I see with Bellamy is it's organic and they can't source enough material for the brand. Bellamys is a Tasmanian company always known to produce Australian sourced and made organic powder. Now they are sourcing the product from Europe so it's not Australian sourced and made organic powder. How does this impact them? Also they lost the bid for Australia's largest dairy farm in Tasmania to Chinese investors which has effected their production levels.
However even though all this has impacted their production and distribution. The future for this company is still strong but people are waiting to come in at the right time. I still think it's a 20 dollar stock at the end of the year
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