lifesaver for couta
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If the sale goes through it will mean there is a whole pile of cashed up investors with an appetite to invest in IF companies on the ASX...
Chinese paying 30 times ebitda for the dog BAL
ATM at 30 times ebitda is about $17
Wow! Congrats to couta! I got out of BAL before, which I don't regret since I have the money in another good company, but this is a good news for BAL in a surprising way to me.
I am not sure how this will help BAL receive SAMR faster than other companies in AUS and NZ when all the procedures will have to go through as part of process. If BAL receives SAMR when BUB and WHA are still waiting for it, it clearly indicates the SAMR approval process is unfair and biased.
A2 milk product is still differentiated from BAL's organic milk... I started buying A2 milk for my little one but not sure if I want to replace it with organic milk when I specifically want A2 beta-casein protein...