Obviously products were looking tired and not up to date but the brand is so strong and comes from Australia so it was still selling. Formula change is what chinese mothers want.I think management have timed refresh perfectly before SAMR approval.Cash wise company has money to spend on marketing its time to go for it and by the looks of it they are. Have some really big celebrities and influencers in there campaign. Don't think A2 hasn't benefitted with Bellamy being out of the picture with having no SAMR leaving as the only big boy from AUS/NZ They couldn't just rely on being from Australia and clean it only goes so far.
BAL Price at posting:
$8.09 Sentiment: Buy Disclosure: Held