Sure that's an easy answer but I think that that is in part because of the history here. SEQ has been a dog and it needs to redeem itself but that redemption gets watered down if it gets merged. Really although SEQ has been listed for a long time I would not have invested here but for their acquisition in Interprac.
I don't think that there is a place for small investment houses - they need to fund any launch costs of LIC's and a lot even give away free shares in their company to get a LIC away. I don't think that the old rules will apply for some time and options are not going to hack it. Yes, I understand your view but I want to ride the recovery here much like you probably have since December 2018 in CIW from 44 to 60. We were there from around 24c to 40c but we have given that all away so I want to see the 36c and then a merger but my bet would be more towards financial planning than investment.
SEQ Price at posting:
22.0¢ Sentiment: None Disclosure: Held
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