BAL 0.11% $9.41 bellamy's australia limited

If you ever needed an example of why Motley Fool is a crock of...

  1. 298 Posts.
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    If you ever needed an example of why Motley Fool is a crock of $hit sometimes, today's contrarian BAL articles sum it up nicely:

    This, on BAL,  from Tom Richardson

    "It looks an even higher risk / return business than a2 especially considering it’s still reportedly waiting on a Chinese regulatory license. However, it’s possible Bellamy’s outperforms a2 Milk shares from here if the company gets its act together."

    "get it's act together"????  Just WTAF else should the BAL BoD do, to gain SARM accreditation, Tom?  Spoiler alert, the answer is sweet FA.  They have applied, and now the only thing to do is wait it out, respectfully.

    But on the same date, the slightly more enlightened James Mickleboro opines at the Fool:

    "I’m a big fan of Bellamy’s and think it could be a great long-term investment. However, I suspect its shares could remain quite volatile until its SAMR accreditation is (hopefully) granted.
    The prudent thing to do would be to wait for it to be granted before making a move, but if you’re willing to be patient and plan to hold onto its shares for the long term, I would still be a buyer at current levels. You could even consider buying half of your planned position now and the other half once the accreditation has been granted."


    Just because people have soapbox, doesn't mean they aren't just blowing snot bubbles.  DYOR, people

    GLTAH
 
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Last
$9.41
Change
-0.010(0.11%)
Mkt cap ! $1.066B
Open High Low Value Volume
$9.56 $9.56 $9.36 $7.032M 744.6K

Buyers (Bids)

No. Vol. Price($)
1 5000 $9.40
 

Sellers (Offers)

Price($) Vol. No.
$9.51 1000 1
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Last update - 16.10pm 19/04/2019 (20 minute delay) ?
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Last
$9.40
  Change
-0.010 ( 0.15 %)
Open High Low Volume
$9.54 $9.54 $9.37 32755
Last updated 15.59pm 19/04/2019 (live) ?
BAL (ASX) Chart
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