Agree. The only redeeming feature of this LIC is the fact that it IS trading at a 40% disc to NAV (and of course this is only useful IF the SP rises to NAV), and the fact that the quality of the portfolio seems to have improved and moved away from the “maybes” to the “probables”. A bottom drawer stock but only out of necessity ! Maybe we are the dumb ones for still holding ? (Insert cheeky emoji grin)
Ann: May Monthly NTA and Investment Report, page-6
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