This is the best opportunity you will ever get to buy ALF. The...

This is the best opportunity you will ever get to buy ALF.

The 3.14% increase in portfolio value as opposed to the decrease of 0.03% in the all ordinaries accumulation index indicates that they have got their house back in order & have put the unfortunate take over offers for stocks that had shorted behind them.

It is difficult to predict a take over offer for a stock like Toll when Toll was about to put out an expected bad report.
An offer about 50% above the market would seem to be a bad call for the buyer but above expectations for Toll & unfortunate for ALF.

Next financial year should see ALF return to paying the interim & final dividends both of 6 cents which would be a grossed up return of 13.6% based on today's closing price of $1.26.