One could only hope so.....ALF I think is 330mill capitalisation, i dont know what WDE is.
Maybe Geoff is taking it one step at a time to see how this smaller one goes, and then as the appetite increases ?????
Certainly the circumstances are the same with the Wilson Funds being consistent performers with ALF being a consistent underperformer over many years.
I dont know what % of ALF is held by the Wilson Funds group, but I know Geoff likes to hold healthy levels of cash. They say you should never buy a share in a company unless you are prepared to buy the whole company !
The opportunity was there and Geoff took it. Lets hope that Geoff sees an opportunity in ALF and seizes that as well. It would be nice to get even close ro NTA for us patient ALF shareholders, but I dont think thats going to happen as long as Justin Braitling continues with his spectacularly unsuccessful strategy.
Meanwhile, we wait !
ALF Price at posting:
$1.07 Sentiment: None Disclosure: Held