Couldn't agree more but I would add that one benefit of diversifying across the various LICs is that it increases the number of opportunities to take part in SPPs, rights issues, etc. Once you're a partner in each of these fine LICs, you can just wait for the SPPs to top up your holdings and avoid contributing too much to the salaries of the "helpers"!
***
In other news, Tiger, I'd be curious to hear your thoughts on my recent post in the SEV thread (re their interest rate securities).
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Open | High | Low | Value | Volume |
$9.22 | $9.23 | $9.17 | $2.395M | 260.6K |
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No. | Vol. | Price($) |
---|---|---|
1 | 5435 | $9.19 |
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Price($) | Vol. | No. |
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$9.20 | 5158 | 2 |
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No. | Vol. | Price($) |
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2 | 7719 | 9.180 |
5 | 25447 | 9.170 |
5 | 23427 | 9.160 |
5 | 5109 | 9.150 |
Price($) | Vol. | No. |
---|---|---|
9.200 | 5158 | 2 |
9.210 | 4360 | 1 |
9.230 | 7547 | 4 |
9.240 | 8781 | 7 |
9.250 | 3581 | 2 |
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