I ll have a closer look over the next few days. The thin liquidity is a bit of a problem and i see the sell is at $1.15. If I decide to take a position it looks like after the next div (30 Dec) would get a much better entry. I'm not keen to pay more then the NTA after the div could see a few more sellers. You may like to have a look at CDM. They had a horrible year and the SP has been slaughtered. Presently trading 13% discount to NTA. Share buyback in progress plus fund manager is buying shares every day. Pays a reasonable div with franking. I think its a turn around story but still some risk. There are a lot of LIC's trading above NTA which for me means its a pass. In ETF I'm waiting for YMAX to have a pull back and will buy some. Consistently paying a very good div with not a lot of volatility. Not cross promoting just throwing a few ideas out there. If you have any you believe are worth researching please post.
EDC Price at posting:
$1.15 Sentiment: Hold Disclosure: Not Held
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