BLA blue sky alternative investments limited
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Ann: Market Update, page-75

  1. arpanp
    80 Posts.
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    19/04/18
    09:03
    Post #: 32545615
    You missed to read recurring revenue. So $41 - $35 so $6

    The Morgans research note said Blue Sky is "relatively reliant on raising new capital to support the current operating costs" and estimated that Blue Sky derives around $35 million in recurring revenue via management fees compared to around $41 million on annualised fixed operating costs.

    Read more: http://www.afr.com/business/blue-sk...asset-downgrade-20180418-h0yy3s#ixzz5D4HA10a1
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    Last edited by arpanp: 19/04/18
    BLA Price at posting: $3.65 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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