I reckon you will get your shot. As in I think they will recover $2 over this cycle with Copper really driving it. The LIC's all go through some out of favour sentiment when they have had underpeformance or raisings. I think the $2 raise was the killer for this one. I have a core holding and add/trim around copper moves. If you look at RF1, OPH, PIA, SEC they have all had it and still are trading at a discount just they managed to clear the selling and jumped. I reckon this will be $1.80-$2.00, once the selling clears from unhappy holders. If the NTA climbs to $2.20+ then it will pop, it just will. I was in it at $1.00 and also at $3.00 im just a bit smarter about it at the moment. Hope you can come out +ve.
TGF Price at posting:
$1.65 Sentiment: Buy Disclosure: Held
