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How do you know value is $10 12 M ? just because Glaucus said ?...

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arpanp

104 Posts.

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04/04/18

09:10

Post #: 32202277
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Originally posted by RAllen50 ↑

The aim of the Glaucus report is to shine a light on Blue Sky's practices. Blue Sky fell for it.

As an example, Glaucus says Blue Sky values Beach Burrito at ~$60m. Blue Sky says this is incorrect as we have it at ~$20m. Blue Sky rebuts the Glaucus accusation but the Glaucus peer derived valuation is implied at ~$10-12m max. So Blue sky is still overvaluing by 80%+.

The aim of the Glaucus report is to shine a light on Blue Sky and it has. Increased scrutiny from now on.

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How do you know value is $10 12 M ? just because Glaucus said ? do you have anything to prove value is 10 to 12 M ?

BLA Price at posting: $10.40 Sentiment: None Disclosure: Not Held
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