ALF 0.00% 85.0¢ australian leaders fund limited

Sharkies, tried to reply to your post, but there appears to be a...

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    Sharkies, tried to reply to your post, but there appears to be a glitch in the system, possibly with IPads.

    why stay in ? I guess because I’m in too deep and that it’s not a case of losing money on a daily basis, it’s a case of being frustrated that nothing is happening in a positive sense. My comment listed above was in Response to another poster who stated that Geoff Wilson (personally) was investing heavily in ALF to show support to JB.  I replied that, that didn’t make sense to throw hundreds of thousands into a non performing fund merely to show support to JB.  Especially not from Geoff Wilson.  I am still in from the old days when it was a well run and performing fund, and my wife also has approx 40 thou. At the moment, it’s doing nothing....by that I mean not going up.....not going down.... and gives a small dividend.   It also has an NTA above the share price.  So at the moment, it is virtually in a holding pattern, neither losing or making money !   I can only hope that they get some new blood and analysists, and get some positive results. Something at some stage has to change.. Will Geoff want to pull his money out ?  Will they change their strategy and start to make money?  Will someone want to buy a $1.20 for a dollar ? Stand by for the next exciting episode !

    no, I am still in at the moment because the pain of loss is greater than the frustration and  tolerance of staying in and the curiosity of what will happen next.  It can’t stay like this forever..... or can it ??????

 
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