ALF - Allied Farmers Limited

[ekman]

Gpg in their 2009 interim report has listed a 4.1% holding in Allied Farmers, can anything be read into this?

[troyvdh]

having read your posts Balance...the more the negative the better ....eh.....yea....

[Balance]

having read your posts Balance...the more the negative the better ....eh.....yea....

Read carefully. I wrote - "There are some posters on this site you keep an eye on. The more negative they get, the better."

As for GPG - yet another disastrous share market pick by the gurus.

[troyvdh]

....dear balance....I did.....

[winner69]

At this rate ALF will be printing 2 billion shares for the hungover assets

[Anna Naum]

At this rate ALF will be printing 2 billion shares for the hungover assets

2 billion shares in a company with ZERO real value still = ZERO

[winner69]

You'd think they would be supporting the shareprice ..... strongly ..... somehow

Maybe a bit of a spec at the moment .... just maybe

[COLIN]

Maybe a bit of a spec at the moment .... just maybe

You guys are welcome to it! This one's definitely not for me. Just think of the precipitous drop in the sp there will be once Mum and Dad investors get their hands on the ALF scrip - there will be such a mad stampede for the exits that it will trigger enough of an earthquake to register on the Richter scale. That's if the scheme ever got enough votes, which seems an impossibility to me.

[winner69]

You guys are welcome to it! This one's definitely not for me. Just think of the precipitous drop in the sp there will be once Mum and Dad investors get their hands on the ALF scrip - there will be such a mad stampede for the exits that it will trigger enough of an earthquake to register on the Richter scale. That's if the scheme ever got enough votes, which seems an impossibility to me.

Thinking of the time leading up to the vote ... you'd think they want the shareprice around 35 cents or something so for a few thou they could get it up there ..... eh?

Agree once the shares are issued anything could happen .... can't imagine many gloating down at the coffee mornings hey i have a 100 thousand ALF shares .....

[Doyle]

Could present a good oppertunity further down the track though. Finance, is a bloody profitable business. Don't forget if It goes ahead then it will enter the top 50, and institutions will end up buying it. This whole thing is a disgrace and I would doubt it will go through, but if it does and the shares start going at a fire sale I would proably be interested.