Just want to know what peoples thought are if they care to say. I know Bal are in the process of possibly being bought out by a Chinese firm. What would happen if there is a global recession or the stock market continues its plunge and mothers of today resort to buying cheaper brands of infant formula and/or organic milk. Could the chinese company review their offer and withdraw it due to economic uncertainty ?
The offer that has been put forward to us Bal holders seems to be reasonable considering sharemarkets are falling with global economic uncertainty.
Any thoughts on this??
BAL Price at posting:
$13.00 Sentiment: Hold Disclosure: Held