53.5% held in cash. Seriously, if I wanted my investment held in cash, I'd put it into a bank deposit where it was earning interest, not in an LIC where its costing me an extra 1% in management fees. I understand that an LIC may want to hold some level of cash for future opportunities, but if you can't find anything better than cash to hold over half of your assets in then maybe you shouldn't be running an LIC.
Ann: Investment Update and NTA April 2023, page-4
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.6M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.0¢ | 71.0¢ | $189.0K | 264.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28135 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 30000 | 1 |
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| Last trade - 15.38pm 19/07/2024 (20 minute delay) ? |
| CDM (ASX) Chart |