BLA 0.00% 18.5¢ blue sky alternative investments limited

Ann: Clarification in relation to recent media articles, page-4

  1. 821 Posts.
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    Based on newspaper clippings, hedge funds and short sellers believe:
    Founder left and sold out. Must be the top.
    Valuations made up. Not mark to market. Independent valuers, reviewers and auditors are collectively conflicted and/or incompetent. Investment returns are also made up.
    Their investments are all bad. Too much debt.
    Overvalued. Relative to US alternative managers*.
    Accounts either don't make sense or, where they make sense, there are red flags everywhere.
    Guidance on assets under management don't matter. Nor do incentives around assets under management.

    * Random trivia: what other Australian companies have been historically or periodically shorted based on their relative overvaluation to US counterparts?
 
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