LIC's. Clouds Gathering? Or Blue Skies Ahead?, page-5

I sold half of my position last week (the half I bought couple of weeks ago) with 6% profit. I keep the other half as long term investment and for divvies. I found The rising SP of the last couple of days a bit strange though, especially as it started raining heavily (but is there really a correlation here?) ... or maybe someone who finally sold out (There has been a big wall for quite some time around 1.45o which was broken in the last week or so).

I think D20 is a good stock to have for capital preservation in the long term (and during turbulent times) during which one can cash in on steady growing divvies, but being very illiquid it is not a stock to make a quick buck (hence my decision to sell half of my shares and put it into something (hopefully) more 'lucrative'.

Investing in D20 is for me like investing in a safer investment option such as 'cash' but with a slightly higher return (3-4%?) then what you would otherwise get from a savings account.

Anyway, thanks for all your insights of the few posters here and in the mean time let's be thankful for the rain as well!