Something needs to be done. ALF should reduce their fund by a third, offering to buy back 1/3rd of the shares at $1.10 off market. This would push the share price up and allow unhappy shareholders to leave with a lot more money than they currently can get. It will also push the NTA up instantly over 2%.
It is disappointing to see the nta go backwards in down months. ALF obviously haven't found the right overvalued companies to short.
ALF Price at posting:
98.0¢ Sentiment: Buy Disclosure: Held
