I did see the article and had a chuckle. If I was part of the...

I did see the article and had a chuckle. If I was part of the thank god it’s Friday management team, i would not be able to comment publicly on other companies due to the shame.

I maintain my long held view that this is the worst LIC on the ASX.

Total expense ratio makes it near impossible to generate nominal absolute return over the long term after considering the lack of size to absorb fixed cost base and the lack of skill of the management team.

Best course of action is to merge with another resource manager to get the economies of scale and more importantly, change the investment team.