BAL 0.00% $13.23 bellamy's australia limited

bal is back

  1. 1,796 Posts.
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    good performance, shades of the old bal are emerging

    from 10.10 early yest to as high as 10.90+ possibly today. that is an 8% move and similar to the old BAL

    the reason for the increase is arguably lessening of china regulation news and of course an organic takeover last night by Danone. there has not been 1 piece of negative china news for a very long time, but this does not guarantee anything wont happen again with respect to regulation or grey market/customs.

    there has also been a marked increase in high p/e "growth" stocks of late e.g. dmp, acx, rea all going gangbusters.
    Last edited by tbecker101: 08/07/16
 
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