CIN's biggest negative is it's owner/management.
With 50.4% in the hands of the Chair, what chance is there of a truly "well-governed" LIC ?
Decisions will be made with his interests foremost, dressed up, of course.
I prefer other LIC's with slightly less conflicted management - albeit at slightly less discount to NTA.
Ann: Net Tangible Asset Backing, page-5
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Last
$29.56 |
Change
-0.430(1.43%) |
Mkt cap ! $793.1M | |||
| Open | High | Low | Value | Volume |
| $29.99 | $29.99 | $29.56 | $1.936K | 65 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 533 | $29.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.99 | 440 | 2 |
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