ALF - Allied Farmers Limited

[Vaygor1]

All bodes well for the future. I will be looking forward to the share price being $21.34 at which point I will be breaking even.

$21.34 is a hell of a mountain to climb.

Before the recent surge upwards, one could have easily bought 1 million shares for approx NZ$17,000.
Given recent events and the volumes being traded, you would be lucky to get a million shares now for under NZ$60k.
To own the same percentage of ALF as a million shares gets you now would have cost millions before the Alloway Disaster.

I very much sympathise with all those who lost their money on ALF, many lost their livelihoods.
ALF's entire debt is now miles under what used to be its annual interest bill.

I think ALF is out of the woods now and by-and-large I trust most of those on the board. Bluett's interests should ensure good governance.

Not sure how long before it turns a profit. Anyone want to take a stab?