"Blue Sky-owned baker Wild Breads lost $2.4 million in 2017 and has breached its lending covenants, according to accounts lodged with the regulator last week." - from the AFR
"HIGH YIELDING INVESTMENT – 14.3 YEAR WALE
CBRE are pleased to offer 89 Harcourt Road, Darra to the market via Expressions of Interest.
This is a rare opportunity to secure a quality food processing facility with a long term lease to a strong and reputable Tenant. 14.3 year lease to Wild Breads ."
I wonder how many other gems Blue Sky dreaming have invested in. Funds under management could go down with all this negative press imo.
BLA Price at posting:
$5.31 Sentiment: None Disclosure: Not Held