Jaz, you’re right....... but as you have pointed out, ALF is pretty much fence sitting on a picket fence. Its painful, it doesnt achieve anything and sooner or later you have to go one way or the other. It is about their stock picking and we seem to be pretty much treading water. Very frustrating when you have built a position previously with a very canny and successful LIC only to see it go guts up.
Please Explain, page-3
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