Today's sell off either a fine example of irrational selling or Bellamy's providing the catalyst needed by the profit takers to spring into action?
Definitely the former. Might be a slow climb back up to recent highs but Im still confident we'll see $3 around FY17. Im quite happy that a2 and Bellamy's will be disassociated once and for all when a2 release their HY results.
Cool chart in the story tells it all - A2 is a winner
Thanks for the link - a somewhat fickle business sector for all participants. Interesting story about the Bellamy success going sour - mixed with a whiff of possible lack of continuous disclosure and insider trading with the CEO and Chairman selling some of their substantial stakes before the share price collapse. All companies need to be vigilant and compliant. They also need to nurture the daigou lest they experience their wrath as happened to Bellamy...
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