It is probably quite a bit more than BKI, but if you are simply looking for low cost LICs that will not necessarily correlate with good performance. For example, MFF were trading at .55c on 1 Jan 2010 and are now trading at $2.90, whereas BKI were trading at $1.13 on 1 Jan 2010 and are now trading at $1.57.
I have no vested interest in pushing MFF other than to say I have been very happy with how they have performed in comparison to the fact that I was so unhappy with BKI I sold out.
Obviously past performance can never be taken as an indicator of future performance.
I would add that trading losses recorded by LICs are not a useful indicator of overall performance, and you are far better off focusing on how the NTA has changed over time. A preparedness to sell positions at a recorded loss and move on to better opportunities is far better than sitting on long term poor performers, like the Australian Banks.
It is probably quite a bit more than BKI, but if you are simply...
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Last
$1.75 |
Change
0.010(0.57%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.75 | $1.73 | $370.3K | 213.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49999 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 57175 | 5 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BKI (ASX) Chart |