BAL 0.04% $12.88 bellamy's australia limited

CNCA updated the Registration List of Australian Infant Formula Milk Powder Manufacturer, page-300

  1. NBZ
    660 Posts.
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    Like it or not, I have seen shorters right 95% of the time.


    I remember back in Dec 2016 when BAL had a 12%+ shorts and SP was about $12.


    I'm sure we all remember what kind of news were released back then and SP plunged to about $3.


    I wouldn't be surprised if there is a repeat of event here.


    Management may have changed but this stock is still looking like the dog it looked like back then.


    And yes, I'm a holder. A fed-up one but not a delusional one.


    And yes looking into selling it into any up trend if any or will be taking a loss prior to the end of FY

 
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