BAL 0.04% $12.88 bellamy's australia limited

The drop is from $330m.  Reminder the company's guidance is $0...

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    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.
 
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Currently unlisted public company.

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