Yes, I'm bewildered at the SP versus many LIC's - tend to think Geoff is correct:
extract from above article:"Many of the LICs trading at discounts will cease to exist in coming years and others will see their fortunes reversed. For investors who love buying $1 for 80¢, the opportunities have only just begun."
Geoff Wilson, Investment insight article, December 2019
LIC's. Clouds Gathering? Or Blue Skies Ahead?, page-2
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Mkt cap ! $109.8M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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|---|---|---|
| 78.5¢ | 3653 | 1 |
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