BLA 0.00% 18.5¢ blue sky alternative investments limited

An interesting article:...

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    An interesting article: https://www.lawyersweekly.com.au/biglaw/26888-second-oldest-aus-listed-company-whsp-acquires-argyle-equity-interests

    Looks like our "worthless" (when the CEO is putting the company into receivership) businesses are doing well. They are advertising at the moment so you may want to give them the review they deserve on LinkedIn or elsewhere.

    It is most probable BLA was only created to take $250 million from shareholders to fund the growth of investments and businesses which have been stolen back by their creators. The founder cashed out at the correct phase. The prospectus is an interesting read in hindsight.
 
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Currently unlisted public company.

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