yes the water question was a rhetorical comment. I bought in early into the fund - Geoff Wilson was buying into it nearly every day at the time. I reckon he would have an average cost of about 85c for his huge holdings, if he still has them. I didn't know that Dania had actually taken in to Wilson - I had assumed that she was a specific hire after/when they took the fund. "My Guys" at the Brokers I use had WMA in for a briefing a while ago - they came back with unquantified and anecdotal comments about it was hurting to pay too much in fees. So that doesnt help performance I like the fund, but indeed it is not without its issues
I'm finding that all these LIC's are a trap at some level.
Don't ask me about TGF
WMA Price at posting:
$1.06 Sentiment: Hold Disclosure: Held
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