Originally Posted by
Vaygor1
The first news on these court proceedings was ALF's market release on 5-April-2017. I can't see where you get your 5c datum from. For the 4 months preceding this announcement ALF's share price was pretty consistent at 7c per share.
As with Hector, If you have concerns about ALF's fundamentals then I am interested in where your concerns lie. The balance sheet, cashflows, equity, and P&L all look good to me. If sellers wish to sell for 8c (with sufficient volume) then I'm buying.
I suggest the vast majority of NZX listed companies are difficult to make a reliable call on in two years from now, otherwise we would all be filthy rich. :)