Ann: Blue Sky Alternatives Access Fund NTA Report, page-27

BLA either need to disclose their assets like an AREIT or close up shop. Just look at the disclosure SGP/GPT/SCG, etc give.

What the some of the market commentaries have been:

BlueSky (BLA) $5.37 / +1.13%; A very interesting interview from Alan Kohler with the CEO of BLA today which is getting some airtime –and putting more pressure on the CEO and the business model generally. Now we see comparisons being made to Babcock and Brown which is never good however that’s probably a sign that the vortex of most pain is close. The alternative asset manager performed reasonably well today and is now up +20% from the intra-day low last week however seemingly well short of what the stock should have produced given the short cover that’s started to occur.
At the time of the initial Glaucus attack about 5% of the shares on issue were shorted, this had fallen to 3.3% (or 2.6Mil shares) at the latest update 3 days ago. To put this in context, that average daily volume of the company is around 400,000 shares (much more recently), and shorts had covered 3 times this amount in under a week. This suggests that although there is a large amount of stock to be bought back, natural selling continues and I dare say that the short view hasn’t fully played out yet - the question being whether or not the sellers will outlast the buyers here. This is fast becoming a big media story and the negativity is rife – Kohler posing the Q today of whether or not BLA can survive the shorts? The simple answer, yes, we think they will and the short covering in the last few days has highlighted that. Although we have no interest in the stock, remember that negativity is at its extreme at the bottom.
I would think the short term bounce we’ve seen play out in recent days, will be met with another wave of selling before an eventual low is formed – the stock will then likely chop around in the doldrums for months / if not years.