I think it was a lucky day more than anything. BAL report was horrible. However, a combination of short covering & already established factors helped.
I certainly don't agree that bellamy product is not moving off the shelves. For me that is fear mongering. I check my locals frequently and there is solid turnover.
Nevertheless, i do agree that the transition of the new products could have been handled better. Further, guidance should be almost gospel without an update. Therefore, a larger down or upgrade for that matter should be supplied before reporting.
I trust things will be better next half..GLTA
BAL Price at posting:
$8.09 Sentiment: Buy Disclosure: Held