BAL bellamy's australia limited
Add to My Watchlist 0.16% ! $19.10

I think little to no chance . They will build a cash reserve and...

  1. lakota6
    4,002 Posts.
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    13/04/18
    12:03
    Post #: 32434933
    I think little to no chance . They will build a cash reserve and concentrate on getting balance sheet in order.
    It was only 12 months ago this company was up to its neck in problems. It is a credit the new BOD sorted through them , and 12 months later are trading over $20. No one expected the turn around to be so quick and so marked. imo , they will consolidate and be conservative going forward.
    BAL Price at posting: $20.71 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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