BAL 0.08% $12.94 bellamy's australia limited

I do agree the amount of shorts in this stock is worrying....

  1. 41 Posts.
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    I do agree the amount of shorts in this stock is worrying. However, having said that big shorts got it totally wrong on IVC as a recent example. And shorts have tried really hard at NXT but hasn't worked out that way. And I do recall shorts having a big go at A2M in the early days. I think what the shorts are not taking into consideration on BAL is the huge potential for a buyout. If BAL gets SAMR for its Chinese label organic formula there must be a real chance that a big dairy co looks to get a foot into China in an instant with a $1.5 billion bid (113 million shares at approx $15/share) which is small change for a big dairy co considering the low $Aud at the moment.
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Mkt cap ! $1.466B
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$12.86 $12.95 $12.80 $9.700M 752.6K

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Last trade - 16.10pm 21/10/2019 (20 minute delay) ?
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