CNCA updated the Registration List of Australian Infant Formula Milk Powder Manufacturer, page-303

BAL is bouncing around in a range between 7.10 and $7.65. I have done two trades to average down on the last two swings.

Only a matter of time till it breaks out.

Trump will be the catalyst. He will put together a trade deal with China and push some massive hype to get the US market going and thus cement any chance he may have a re-election.

It will all line up, it's just a matter of timing. No boubt BAL is undervalued. It may be 1 month, it may be 3 months but it will re-rate. Market always finds fair value in the long run.

In the mean time buy the dips!