In the ISD announcements, there is a 'Change in substantial holding' announcement a few months back where Spheria upped their holding of ISD from 7% to 8% (from memory), so if they reduce that holding, you have to also announce, so i assume that they still hold that %. It probably fell out of the top 5 holdings because it's performed so poorly.
So the question is, do they hold it in the LIC or the unlisted fund. They've talked about ISD in previous LIC youtube and other videos so it's safe to assume they hold it in the LIC.
Id double check the change in substantial holdings things though.
I sort of regretted posting above post though - as it's only 1 stock in about 30 stocks. They may have had a few that went up, but trying to claw back a stock that goes 45% down is hard. so at best it's another underperforming month.
SEC Price at posting:
$1.92 Sentiment: Sell Disclosure: Not Held
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