HML 0.00% $1.99 henry morgan limited

Ann: Market Outlook for October 2017, page-45

  1. 521 Posts.
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    The damage to confidence that this period of suspension will have, means that the NTA announcements will be largely irrelevant

    LIC price premiums and discounts are such that you need to have trust in the company. That is completely eroded in terms of public opinion

    Literally the only thing that will support this stock now is an announcement of large dividends. I.e cash being returned to shareholders, uneffected by sentiment.

    I hope the management of this LIC realise this and deliver it

    But hope is not an investment strategy.
 
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