HML
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0.00% $1.99 henry morgan limited

Ann: Net Tangible Asset Backing, page-19

  1. Occam Logic
    1,117 Posts.
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    06/12/16
    13:14
    Post #: 21137732
    Typically discounting is present in LICs which have a) small market cap b) lack of transparency c) outstanding options, d) a disengaged board/management or e) short track records.

    HML has all of these. Therefore it is not surprising that the discount is present.
    HML Price at posting: $1.25 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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