BLA 0.00% 18.5¢ blue sky alternative investments limited

Yeah I can understand that thought But still believe as I have...

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  1. 9,666 Posts.
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    Yeah I can understand that thought

    But still believe as I have since it was 880- it shouldn’t really ever trade at such monster premium reported asset values

    First it was oh in about 7 m- now after some valuations a huge 59 m and as you point out big drop in estimates cash balance

    Cant see why anyone would rush in when it’s at almost double reported asset value per share now, but maybe some short covering will support trade in short term

    Can’t believe professional
    Managers were throwing money at it at a 600 or more premium to assets six months back- they should be embarrassed for being so reckless imo

    Anyway good luck - use stops
 
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