BLA blue sky alternative investments limited

BlueSky : ways to restore investor confidence

  1. 244 Posts.
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    Current negative sentiment is keeping investors away from BlueSky fund and there are couple of ways management can improve investor confidence. I know it is short term issue but still management needs to do one or two points below to restore market confidence.

    - Board should agree to get salary in form of BLA share instead of cash for 12 months
    - Each Board member should buy at least $50K share on market
    - Announce none of board member will sell their BLA share for next 12 months
    - Announce some buy back with current cash reserve
    - Spend $10M on independent valuer to revalue all their assets

    If management does any 2 from above list then market will have confidence in board, shorts will get squeeze and BLA share price will fly.. I bought at $5 thinking it is bargain. I am not selling as i think it is short term issue.. For long term price will be much higher i guess...
 
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