Ann: Notification of buy-back - ARG, page-44

I wouldn’t disagree with that (but personally more tilted towards Argo than AFIC as I’m trying to steer clear of being overweight…over even market weight…BHP and the big four banks). ARG spread their bets a little wider than AFIC, which aligns more with my thinking.

We can forget about Milton, but I would still consider buying BKI and AUI if a willing seller created a buying opportunity (probably more likely with AUI than BKI just because it can become quite illiquid at times).

PS. I like the strategy focusing on the big two LICs (ARG and AFI), but adding just a little ex-ASX50 ‘spice’ with some MIR. ARG have a reasonable spread of ex-ASX50 exposure, but there really isn’t that much overlap with Argo’s smaller stocks and what MIR holds.