BAL 0.04% $12.88 bellamy's australia limited

CNCA updated the Registration List of Australian Infant Formula Milk Powder Manufacturer, page-403

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    So Goldman Sachs expects BAL sales to be 5% lower this year than last year and fair value of 8.30. So we are undervalued still. Sales 20% lower rather than 10-15% lower over the last 6 months. I thought BAL last update during investor day on 30th November. I would expect that not much can change in 1 month? Certainly not an additional 5% decline which would mean in December sales would be horrendous.
 
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Currently unlisted public company.

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