ALF 0.00% 85.0¢ australian leaders fund limited

Ann: Net Tangible Asset Backing, page-2

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  1. 1,490 Posts.
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    Good news, ALF has recovered some lost ground, whilst the market has been correcting. Their short positions are now favorable according to last report, and NTA premium lowering.

    Once dividend is paid, the current share price to NTA will be a premium of 7.8%. This is much better than the 15-20pc of the past few months. I'm buying on any weekness, ALF suits these conditions more than most LICs.

    IMO
 
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