"will be rather funny if WAR performance proves us all wrong, I am certain Geoff will have a cash warchest ready to deploy post listing to try and clean up any weakness in share price."
It could well prove us wrong , but I will never participate in another IPO. It doesn't matter how well an LIC goes, every time that I get in at IPO it goes backwards for the first 12 months or so. I used to hold quite a few Wilson LICs but sold out of everything except WLE, because of the crazy premiums that they have traded at. I'm hoping Geoff buys up some of the discounted LICs that I own, including GC1.
GC1 Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
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