BLA 0.00% 18.5¢ blue sky alternative investments limited

Ann: Market Update, page-13

  1. 1,117 Posts.
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    They are not selling the assets of the fund to pay their liabilities. The assets belong to the investors in the fund. They are just winding it up because at $48m it will be unprofitable for them to run and has little to no prospect of ever becoming profitable. Ergo the logical decision is to shut it down.
 
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