BAL 0.04% $12.88 bellamy's australia limited

Ann: Change in substantial holding, page-6

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  1. 4,372 Posts.
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    Shorters now below 10%. 4 Mar 19 stats showed some covering and expect more for this week.
    Heavy covering to follow in my opinion. Most shorters took positions below $10 and will be looking to exit before the next announcement. Management flagged a product launch in Mar19. I would not want to be short right now.
    It is falling into place as I expected. $12 to $14 is on the cards next week. I am going to patiently watch this unfold.
    Last edited by prosperity: 08/03/19
 
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