ALF
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0.00% $1.01 australian leaders fund limited

It's a cage because investors can't realise the value of NTA and...

  1. marketmaker
    102 Posts.
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    25/02/20
    10:20
    Post #: 43130829
    It's a cage because investors can't realise the value of NTA and instead receive the share price which is 20-30% lower. This is why converting it to a trust is a fair outcome for all. Those who want to stay invested can do it, and those who want to leave at fair value can also exit.
    ALF Price at posting: 98.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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