BHD spent $3.3m in brokerage and commissions in 2017-18. BHD reports its total equity at $18.1m. Eighteen percent of the LICs value was tossed away as brokerage. Considering it lost $2.7m, they would have been better off if they had done nothing last year.
HML Price at posting:
$1.99 Sentiment: None Disclosure: Not Held
