Thanks for the insight Jack1960 For a fund that has struggled in recent times to achieve any returns at all, to abandon the 10 cents of tax losses with barely a murmur, IMHO seems a little glib. Probably too late now but am thinking this Company could have been saved by a simple change to the investment strategy, looking at LSF for example they have doubled their Nta since March (by taking on risk admittedly). Probably not much hope for a superior proposal but am sure there is one out there.
ALF Price at posting:
$1.02 Sentiment: Hold Disclosure: Held