BLA 0.00% 18.5¢ blue sky alternative investments limited

Ann: Market Update, page-10

  1. 33 Posts.
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    The new Management team might not of caused the damage but they have done nothing to fix it either. The one thing the market hates is no news and BLA management have been extremely bad at notifying the market or informing them of what they are doing.
    The end of year report was a joke, no details of what they are doing to fix the problems. I have a lot of money tied up in this company and all I ask is to be given information so I can make an informed decision. To date the silence is deafening.
    The SP goes down and nothing to stem the flow, how about they show some confidence and buy some shares out of their own pocket. Even on HotCopper you have to show sentiment. I have rung the company and left messages and no reply.
    The CFO leaves because of personal reasons. Give me a break. This will be a bitter pill to swallow and a lesson learned but it is not the first and will not be the last time I have been mislead by a management team. If you rob a bank you go to jail, you take money of people by misleading them, and you get money and move on to mislead someone else. My punishment is that I will loose my hard earned money which is a lot more than the repercussions to the management team for not doing their job.
    The Management have to say something. You do not just get to the quarterly report and go, oh thats a surprise we can not pay Oaktree. Where is plan B or even plan A.
    The reason I am replying to you Pikel is that you have skin in the game and will be feeling the pain. If you dont hold you are just throwing rocks at the holders, which is easy and if you have never made a mistake throw away.

 
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