Ann: Change of Director's Interest Notice - G Wilson, page-19

@marketmaker or as your post quite correctly suggests, that Justin is the market maker possibly in his own interests ? Personally, I dont think you are overreacting at all to the whole shebang ! I hadnt even thought about Justin having the information and the shareholders not ! (Another way of saying inside !). What I have been amazed about is a. The sheer amount of shares that Justin is purchasing, and b. The amount of money he is stumping up to buy them ! I can understand Geoff Wilson having the assets and income as the founder of the firm, but as far as I’m aware, young Justin only has the Watermark commision to play with, and apart from fees and dividends, he cant be getting terribly wealthy from the capital gains ! If you look at my previous posts, I have been quite critical about the management of ALF and I too have suffered much pain by holding the “poioned chalice”. I too feel your pain, and although we arent suffering financially (well at the moment anyway) by the falling share price, falling is about the only thing it isnt doing, but it aint going up either ! I feel your frustration at the wooden headed management and their lack of flexibility and unwillingness to change strategies which has resulted in shareholder suffering. Re your suggestion about taking advantage of information that shareholders are unaware of ? I dont think Geoff Wilson would let that happen on his watch...... i dont know if he plays cricket, but I think if he saw anything untoward going on, his ethics would put a stop to it straight away. I can only hope for a strong performance in March... but ya know what ? I just dont think that Justin is that smart as a fund manager to do that; based on the last 2-3 years. I posted the other day that the ALF shareprice was something like $1.37 ????? 2-3 years ago, and today we have lost over 30% of the share price, and having returns of capital because the managers arent competent in their craft. Tell ya what, give me $300 million, trust me !, let me effectively “lose” 30% of it and instead of giving you dividends from the wise investments I’ve made, I’ll give you some of your money back and then I’ll expect a commission and your undying thanks for me doing you such a favour ! No, I dont think you are over reacting. Am I ???????