BLA 0.00% 18.5¢ blue sky alternative investments limited

Ann: Update on Independent Review of Asset Valuations, page-26

  1. 467 Posts.
    lightbulb Created with Sketch. 22
    They tell you what's happening. Assets have been revalued lower reducing net profit by $7m.

    This is a non-cash revaluation

    Therefore, it means they'll simply pay less tax and have the same amount of cash in the bank (think depreciation)

    If you want to know if its cheap ask yourself the question "what has actually changed".
 
watchlist Created with Sketch. Add BLA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.