BLA 0.00% 18.5¢ blue sky alternative investments limited

Ann: Blue Sky H1 FY19 Results Update, page-86

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  1. 265 Posts.
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    As per the 4D report, interest rate of 17.2% for Oaktree loan. almost the rate we pay for credit card over due.
    2017 they paid $0.23 dividend. today the share price is $0.50.
    On 8 November 2018, Oaktree Capital Management L.P. (Oaktree) invested $50 million via a 7-year senior secured convertibleloan note facility.
    The Directors anticipate that covenants may not be met at 31 March 2019. Within 5 months of borrowing. shocking.
 
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