i don't normally do this but i just can't help it. this is a fund that has performed well above market and made great returns for investors for a number of years.
did your broker tell you to put your whole life's savings into this? did they tell you that LICs can only go up? did they tell you not to read anything about the fund you were buying into? can you not tell the difference between a global long/short fund and the bank's dodgy financial advisors that were investigated in the royal commission?
seriously, just sell the thing at a loss and put it all into a term deposit.
Ann: Net Tangible Asset Backing, page-5
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