Blue Sky Alternative Investments Limited

ASX:BLA
Deleted on 2020-09-02 00:30:01

Blue Sky Alternative Investments Limited

ASX:BLA
Deleted on 2020-09-02 00:30:01
$0.185 (-5.1%)
Last close price
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Last edited 7 years ago
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#Bear Case
stale
Strawman
Last edited 7 years ago
View author's company report

The Glaucus short thesis can be accessed here

AFR report here

Blue Sky is alleged to have overstated the amount of assets under management (AUM) so it can charge higher fees. 

New accounting rules (AASB 15) will prevent the company from recognising performance fees upfront -- they can only be recieved when actually earned, and wont be tied to forecasts for future asset revaluations