Market is freaking out over the NZ tiff with China. You have seen how long they have delayed SAMR for Aussie companies. What do you think they will do to A2M. They expected Australia to ban Huawei we telegraphed it for more than a year, they did not expect New Zealand a friendly nation to ban Huawei, limit Chinese immigrants, limit buyers of homes, push for beefing up military operations in the Pacific. This is exactly what happens when you elect a populist who cuts the number of Chinese migrants and expects the other side to "play nice", the gloves are off the Daigous ain't gonna send back NZ products once the media machine starts demonizing NZealanders. Meanwhile companies like BAL are gonna get caught in the cross fire. Poor us.
BAL Price at posting:
$8.78 Sentiment: Buy Disclosure: Held
