Mick, nothing personal, but if the NAOS investment methodology is sound, how can you then say that “They are having a bad run, as all do.“ ? I agree that not all goes to plan, but the NSC share price has been in a steady decline. Does it say anything perhaps about the types of companies they are investing in ? And that shareholders of NSC dont see these as “emerging” small companies but rather than small companies, too few in number that are perceived as going nowhere ? PS, I took a position in CVF today, for a young LIC they have certainly been successful and proactive. The share price sure is volatile, but I have been impressed by their announcements very early in the piece such as “we got this one wrong”..... if only I was that quick to admit that I got one wrong and moved on.... we shall see...... looking at their investment mix, they sure are up for anything, anywhere !!
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