You mentioned that you would probably be sitting it out....... I have been stung a number of times by buying at the time of the float. All the profit on these mentioned LICs were made by buying the dip only after I had lost a considerable amount on paper. I wonder if this will end up the same ? I think at this stage I too will be standing aside.
It should be mentioned that I am still severely underwater with GC1, even after topping up the other day.....
Ann: Notice of initial substantial holder, page-16
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