Ann: Net Tangible Asset Backing, page-27

Couldnt agree more. I thought because of their strategy, that they may be down a tad; but this is a shocker ! Its time for them to pull their heads out of the sand and wake up. Wots the old quote about the market remaining irrational longer that WE can remain liquid ?
I have been in. ALF since the WLS days and am well ahead BUT i have a fairly large holding (and so does my wife) and its a pity ? to see such shareholder degredation. Its OK for the managers who are still being paid (and for what?) while WE pay for it.
I hold ALF and the WGF and thought they’d be safe bets. What do they say about gambling ?