Well, Geoff Wilson is on the board and personally holds 1million...

Well, Geoff Wilson is on the board and personally holds 1million shares. He was involved in floating ALF and the company was originally called Wilson Leaders Limited.

I bought in the float based on Wilson's name and added through GFC. I sold out when they reached 20% NTA premium (169c - 171c) and switched to less premium LICs, inc WMK which has gone backwards.

You will see in my sentiment I am watching with a view to buy. If I held now I would not be selling, provided this was part of my overall strategy (as it is), i.e. having some market neutral assets.

IMHO