BAL 0.00% $13.23 bellamy's australia limited

Will go down hard after halt, page-88

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    Scenario -

    (1) Company releases ASX announcement confirming most punters worst expectations - sales have collapsed, large inventory overhang, large scale discounting is going to be necessary to clear excess stock, substantial reduction in forecast 2016/2017 NPAT, company has/will suffer medium term reputational damage both domestically and overseas.

    (2) Company is hit with substantial class action suits.

    (3) Institutional investors demand an extraordinary AGM to remove the current Board.

    (4) The dust eventually settles and BAL start on the long (long) road back to restoring investor faith.
 
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Currently unlisted public company.

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