I generally don’t touch LICs but wow the discount to NTA is crazy. While that discount will reduce month on month given NTA will be lower for May as strike has declined more than LEL has gone up, but it’s still pretty crazy.
It’s a shame about the low volume but if you took a position that SRK will be paying dividends in the future this could be worth a look.
Anything I’m missing here? Not my standard play but you’d assume that a ~50% discount would have to close at some stage.
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