”There are also quite a few LIC investors who, like ourselves, are increasing their LIC holdings in anticipation of some consolidation or wind-up transactions in the sector. And if gentle encouragement doesn’t work, we will likely see a more forceful activist approach from many of these investors.”
I wonder if Affluence is actually holding ALF in this category ? and if they will gently encourage... or forcefully act in regard to ALF ? Or is ALF beyond redemption ?
Surely something has to give sooner or later...........
ALF Price at posting:
87.5¢ Sentiment: Hold Disclosure: Held
