No because I believe that LIC's , even those focused on small companies (where the definition is anything outside the ASX 100) should not include a weighting to illiquid stocks. Essentially this isnt a private company. We are looking at NTA every month and everyone here measures performance based upon monthly NTA. If that is the measurement period then illiquid stocks present a large risk as they can drop way below their intrinsic value and you cannot sell. Really I want my investments in liquid assets, otherwise I would invest in private companies which probably are far cheaper than listed companies. Its the balance that is needed to reflect our objectives.
GC1 Price at posting:
84.0¢ Sentiment: None Disclosure: Held
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