03 Oct 2014
Pleasing to see one of Cyan’s C3G Fund’s larger holdings getting some positive press. With the company now well capitalised after its successful $25m IPO in August we expect the positive news to continue to drive the share price north.
Bellamy’s remains a key player in the domestic baby food formula market and it is experiencing further growth through its recent inclusion on the shelves of Costco. However the big game in the medium-term is China. Success in this region for this small Australia company (current market cap $133m) will see investors well rewarded in near future.