According to Blue Sky, it's mostly one offs consisting of 'abnormal expenses, restructuring expenses, fund expense recovery repayments and further working capital loans, investments and co-investments of alignment capital with institutional investors in real assets and a US energy storage investment.' They are making a half year loss between 4.5-8.5M when excluding write-downs, restructuring and reimbursements, and with cash at 55Mil, maybe there is light at the end of the tunnel after all. I hope for Blue Sky and its shareholders sake that Blue Sky is reporting facts as opposed to fantasy.
BLA Price at posting:
73.5¢ Sentiment: Hold Disclosure: Not Held