1) does happen but it's more prone to trade under its NTA 2) l like them because they are up to 30% o'seas which is different to a lot of other LIC's 3) no l understand it decreases (not by a lot) when they one day get large 4) re safe yes think it's safe very transparent but it's smaller
for me personally its role is as an adjunct to ensure share income stream is insulated against market volatility. the dividends were ok around the covid crisis. no dividends = no lights & an empty fridge and l don't like using cash reserves.
these circumstances are applicable only to me, l am pretty extreme and would encourage people to seek independent opinions and guidance. if l was 40 years younger l would not touch this with a barge pole.
you might find the future investments are a disaster, you might find they are delisted. anything is possible
PIC Price at posting:
$1.10 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)