The latest half year result was about as bad as it gets for ALF and the SP fell to NTA so I think it is pretty safe. The institutions have always liked ALF.
The NYSE continually breaking new highs in an unstable global environment is an anomaly. I think the latest ALF report made some good commentary around this - the rise won't last much longer, especially if oil struggles again like it did 18 months ago.
ALF Price at posting:
$1.34 Sentiment: Hold Disclosure: Held