The drop is from $330m. Reminder the company's guidance is $0 non Australian revenue. Aust revenue is $302m for FY18. I am only assuming a 10% revenue drop worst case.
On the balance of probabilities, upside significantly exceeds downside. However, 39% downside is still possible if SAMR becomes a disaster. The outlook released on Wednesday is critical for near term direction.
BAL Price at posting:
$8.10 Sentiment: Sell Disclosure: Held