tforrest, i dont mean this as contradiction but erudition for me.
i hold all three of those mention and my thought is the ALF is a different type of LIC to both WAM and CDM in their respective models of investing. i thought ALF were more agile and Long/Short centric than the other two ? and they have increased their o.s exposure somewhat......
good food for thought for me ,I need to revisit their charters.....thank you.
Of course i havent addressed your point on NTA or price drop.....to me it is a timing issue...
ALF Price at posting:
$1.42 Sentiment: Hold Disclosure: Held