So ALF is having another daily buy back. Ho Hum ! The way that...

So ALF is having another daily buy back. Ho Hum !
The way that ALF is performing, one could be cynical and say that they would be the only ones interested in buying ALF shares.

Yep, I know others are taking a punt in buying a discount to asset backing, but have a look at the last 3 years.

They would have to go up 50% to compensate for the lack of performance over that period.

Ansd so we wait for another report saying how tough things are and how disappointed they are in the performance of the fund !

Disclosure : Avoid.