I bought in @ 1.155 a couple of days ago at a 15% discount to nta as of 31st December. Seeing what happened to the Dow on Friday I think I may be too early with this one and that nta will continue to drop and the discount to nta will continue to widen. There are many LICs starting to look attractive including PAF, PGF both which are trading at similar discounts to TGG. I always buy too early, so please accept this as a warning.
TGG Price at posting:
$1.18 Sentiment: Buy Disclosure: Held