Alpha

When markets fall, it is still alpha for me if the net loss for me is less than the market average. Today, a bid is made for SBL and I cannot believe the management accepts the 2c offer. I suspect the board has been bribed. There is no evidence from me of course. But you really question the integrity of the board to take such a low bid for a company with a high enterprise value and good prospect. I don't intend to sell at this offer.