BLA
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Isnt the point that Glaucus thinks it's worth maximum $1.5B AUM....

  1. RAllen50
    929 Posts.
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    06/04/18
    16:11
    Post #: 32278060
    Isnt the point that Glaucus thinks it's worth maximum $1.5B AUM.

    I also think their working thesis is the VC/PE arm is worth close to zero.

    I agree that they may have closed out majority of their position, but I would also imagine they would strike again once BLA is in the mid 7s. Better to see a deeper fall again fron their perspective.
    BLA Price at posting: $5.70 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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