Fair points peejay2. I may fundamentally disagree with much of...

Fair points peejay2.

I may fundamentally disagree with much of your assessment, even down to the nature of the enterprise, but that is of no consequence for this stock. I can only speak for myself, and I am no master with a litany of dopey decisions I have made over the years. However, ALF has proved to be a particularly successful trade for me since it was floated and up until the last 18 months. The currently all time low price has dished out some modest losses in the last little while, so instead of being a seller in the period prior to that, I am now a buyer, as I have described.

I can't even count the number of LICs over the decades that under the pressure of shareholders where price and NTA have never met, "shut up shop". I probably owned a piece of most of them. I am very comfortable standing by every word I posted.

Far be it from me to give advice, but psychologically, you appear to have been beaten and are resentful of management. Every day you hold the stock sounds like it is another day of pain. Maybe you should consider the obvious treatment for your dilemma. You sound experienced enough to know there will be other opportunities over the next 6 to 12 months and not jump at the first one.