Well I am a buyer and have been for a while. I think lessons...

Well I am a buyer and have been for a while. I think lessons have been learned and yes it will take time to tidy this up but I like what I see.

I have long said that MG was a great money manager when unlisted but works better without the noise. Being listed it was the half yearly pressures that meant the fund didnt let it ride enough and after taking profits for the franking credits to pay dividends then another winner had to be found when they already had the winner in yhe portfolio.

As this is now an ignored LIC that pressure is gone. Hopefully MG will just keep doing what he has over tge past year.

I see CaptO of SEQ fame has migrated here. Dropped his bomb and left. Why did he arruve is the question.