30th July 2019:  Final Market Update from the receivers and managers of what's left of BLA

Key points:

1. The complex process of restructuring Blue Sky and its assets is expected to take months or years.
2. Shares in Blue Sky will remain suspended from trading throughout the restructuring process.  
3. A return to shareholders is not anticipated based on current expectations. 
4. Accordingly, in the absence of any new material development not otherwise contemplated by this announcement, the receivers and managers do not expect to provide any further market updates in relation to the restructuring process.

That's that then.  Another one bites the dust.  I missed this one, but I got caught with a small holding in QIN (the Sandlewood Forrestry group Quintis) and FGE (Forge Group, a few years back).  I had even more in Babcock & Brown (BNB) during the GFC years.  I'd like to think I'm smarter now, but we all get sideswiped by something unexpected sooner or later.  RCR hurt me more recently, although I did get out before they called in the administrators.  Hopefully we're all adequately diversified and we can take the hit(s) and carry on.  Hopefully!