lieber probably bought for two reasons. one, the discount to NAV. it is the largest discount that AOD has had in years. have to go back to 09 for a larger discount. two, he wanted to show some support for the alpine funds after the dividend cut. it appears he didn't buy any AGD, which is only a 6% discount. so he went with AOD to show support.
what do you mean when you say 'free positions already owned by alpine" ?
I'm guessing there is something other than support going on. Alpine 'Management' has done nothing but loot AOD and the other funds. Something is in the wind.
Free positions: Didn't 'Management' get a bunch of free shares in the IPO? There was discussion previously on this. No one seemed to be able to get the correct $# due to a misplaced ' . ' in the SEC filing. ???
At any rate, 'Management' has always operated for 'Management'. Shareholders (the dupes/suckers/prey) are dead last in any Alpine calculation.