Apple, Tesla and Ford have been closer to bankruptcy. Ford's...

Apple, Tesla and Ford have been closer to bankruptcy. Ford's share price fell nearly as much and it was also within hours of bankruptcy 100 years ago. As for the share price decline, I'm not sure. Blue sky should have at least 150 days left from the start of the month. Apple had 90; https://www.nytimes.com/2018/08/02/technology/apple-stock-1-trillion-market-cap.html Henry Ford's net worth peaked at $200 billion (inflation adjusted).

https://wealthygorilla.com/5-famous-company-startups-that-almost-failed/

Don't forget that Wilson and Morrison will have lost a lot of their own cash if BLA goes down. I wonder what Mark Sowerby is doing as he has a lot to loose.
I wonder if the company can be split with BLA being a debt laden shell (with share holders getting portions of the new company) within 60 days.

Oaktree can take: $50 mill profit now by wrecking the company, do some other deal or gain a lot from letting it grow.

BLA can definitely be turned around the only question is will it be turned around.