Best Case - Trading halt first thing in the morning pre-market open, an announcement on Friday after market closes as being approved effective immediately. Up goes the share price.
Worst Case - Drags on in to the 2019 calendar year and ends up with the application being rejected and denied a resubmission whilst other categories (organic, goat) also denied a submission. In the meantime BAL gets its organic approval. Down goes the share price, to what?
So do you manage your exposure to the head heights of dreaming or do you manage to the risk and your appetite for those risks. Never think with your head in the sand or you will get your butt kicked when you not watching and facing it. Reality can be a harsh mistress and this one is a big punt at this stage.
Rene Rivkin once said something like "...plan for the worst, aspire for the best.." but many can't distinguish the difference between plan and aspire.
WHA Price at posting:
$1.31 Sentiment: None Disclosure: Not Held
