BLA 0.00% 18.5¢ blue sky alternative investments limited

Mandated Sale, page-12

  1. 1,122 Posts.
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    Again some points to consider:
    1. no debt.
    2. over $100 million in cash
    3. directors are buying ( 3 notices are out just today)
    4. the latest broker report targets $14 in 12 month.
    5. a large number of shorts is going to be covered.
    6. Company reconfirmed guidance.

    All this means, price should not go down from this level. Still I expect to close near $6.
 
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