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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Last
88.5¢ |
Change
-0.005(0.56%) |
Mkt cap ! $128.5M | |||
| Open | High | Low | Value | Volume |
| 86.5¢ | 89.0¢ | 86.5¢ | $27.28K | 30.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23490 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 1912 | 1 |
View Market Depth
| Last trade - 14.22pm 01/08/2025 (20 minute delay) ? |
| SNC (ASX) Chart |