Reality is share price dropped because of Glausus's erroneous...

Reality is share price dropped because of Glausus's erroneous report but Blue Sky's handling of the situation has not been very good.

"Apr 17 2018
John Hempton put it eloquently in his latest tweet
Remarkable. $BLA has produced world-class results for investors in their funds. And they were challenged by a nobody called @GlaucusResearch.
Instead of having a genuine independent third party verify their claims the world class investors resigned to make confidence return."

Their drop in FEAUM is  due to exiting investments and canceling projects and refunding moneys.

The funds are mostly closed ended funds exception water rights which are marked to market value and has a waiting list.

"Rapidly growing sector,first mover advantage and top dog in its field. "

"Alternatives are the fastest growing asset class and forecast to be the largest asset class in Australia within the next decade"

"Blue Sky is Australia’s first and only diversified alternative assets manager".

"2012-2018 FEAUM UP 2,000%"


I researched this company because I wanted to know how a company could drop 95% in such a short time. I bought because the facts made it compelling. I want to be a part owner of this company long term. I believe the strategic partnership with Oaktree and the measures put in place set it up for a good future.