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0.04% $12.88 bellamy's australia limited

Massive increase in demand!, page-186

  1. prosperity
    4,372 Posts.
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    21/02/19
    16:40
    Post #: 37519741
    Shorts for Wed were very low.  Too many retailers were scared by recent falls and took losses.  I wonder how much short covering is occurring?

    I converted my short to a long at $8.  We should see:
    $10 if >$25m NPAT.
    $9 if >$22m NPAT
    $8 if >$19m NPAT

    SAMR could see a 50% uplift in the SP regardless of result.  Big potential for gains and smaller potential for losses. It has been a good ride so far.
    BAL Price at posting: $8.13 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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