Forget the shorters report I reckon, At 1040 the equity investors were paying a 468 percent premium over asset value (1040was 5.68 times asset per share)
Still Prices being paid today still represent approximately 3 times the value of the assets per share last reported by the company, 200 percent premium over assets values )
This premium will fall back , especially since company says it’s impossible to get info from public documents- that it won’t share/ secret and press which are exposing things like wild bread, small
Cafes in bondi etc
Still has much further to fall imo
Time will
Tell
Fundamental flaw in Blue Sky Investments, page-6
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