Yep, seems like the turn around could take a while time to play out! I'm happy to wait if the dividend stays the same. Its a complicated business really, relative to other LICs like CTN and DUI etc, but when working well, should continue to be the best!!
CDM are still performing the best of any LICs over the long term, with an excellent few months that have barely seen their SP fall. ALF have some catching up to do!
ALF Price at posting:
$1.41 Sentiment: Buy Disclosure: Held