It's boring in the sense that the share price is never going to...

It's boring in the sense that the share price is never going to move all that much, but it's a very consistent yielder. I've been in the stock since the pits of the GFC, when it suddenly became affordable (it used to be really expensive), and I've bought and sold shares since. I bought in and am still in because, unlike several other LICs, it didn't have shares in some of the companies I hated (e.g. Gunns – turned out to be a good company not to have shares in) and wasn't terribly exposed to uranium mining (I was avoiding RIO). They've also been clever in their purchases of industrial stocks; for example, Milton had a big position in Blackmores before they went nuts, and also bought a lot of shares in what's now ALS from the days when it was Campbells, a completely different beast.

Right now, it's on the expensive end, but it doesn't move around very much. You could definitely do worse, and you might get it cheaper if you hang around for a while.