Something has to give here shortly. I bought this as a value play/defensive investment with an ave price of 82.5c. At the moment I'm break even due to dividends but the performance has been dreadful. Surely a bigger LIC could be circling for a takeover? Or at least a change in strategy. At the moment they would be better off just sticking the whole lot in a government bond.
Something has to give here shortly. I bought this as a value...
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