BAL 0.04% $12.88 bellamy's australia limited

SAMR, page-103

  1. 3,124 Posts.
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    Hi Rallyup,
    I actually don't own BAL but do believe it will rally right up to SAMR. Originally BAL was possibly holding up CNCA certification for WHA. Now WHA is possibly holding up inspections because of the rule is that the production company must hold majority ownership in it's packing company. Evidently, Chinese SAMR authorities outsource most of the inspections to qualified Australian personnel. Everything seems to take longer Than what we'd like and so difficult to fix a timeframe but I'm guessing June end. My prediction for BAL at this time $18- $19. 
 
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Currently unlisted public company.

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