Did anyone listen to the call? I have noted they do not give...

_{Did anyone listen to the call? I have noted they do not give investment return background to NSC . The Director's do not seem to understand that this is a quarterly report to their shareholders. just because it is not good , ignoring it is unacceptable. The FM might like to hide it but Directors work for shareholders. I note the continued decline in the number of shareholders in NSC. Clearly lack of Director interest in reporting to shareholders is a reason for this. Further this is happening when the discount is getting to its highest ever. Poor performance and lack of Director interest is directly responsible for this and the cost to shareholders is only magnified.
I note that all NAOS LIC's are now at a discount. Initially NAOS made great play on there product premium in their LIC. Since changing the investment focus of the old Contango micro cap, NSC is no longer needed as there are plenty of well performed small cap LIC's to choose from. The discount is proof of that.
DYOR}