Bellamy's Australia has requested that its shares remain suspended from trade for another three weeks while it continues talks with key suppliers and manufacturers, painting a bleak picture for investors about the nature of its problems.
The organic baby food and formula maker's stock has been suspended for a week, following a two-day trading halt. It has now requested the suspension remain in place until January 13.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
