Change to ETF - market not impressed!?
If you look at the SP to NTA, there's plenty LIC's that appear to be operating at larger differentials to their NTA - if changing to an ETF brings the market price closer to the NTA, then I suspect many an LIC holders would appreciate their LIC adopting the change to an ETF - why don't they?
Ann: Chairmans address & presentation/General & Special Meeting, page-2
Add to My Watchlist
What is My Watchlist?