Four months can be a long time in the share market | Value Investing News

Four months can be a long time in the share market

  • Four months is a long time in the share market and Blue Sky Alternative Investment’s share price is down 75 per cent in that time to $3.70.
  • This seems negative but far from terminal given BLA had $45m of net cash on hand at December 2017, raised $100m of fresh capital at March 2018, and is forecasting a positive underlying net earnings of around $6.5m in the June 2018 half-year.
  • Blue Sky Alternative Investments Limited 2017 Annual Report
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