I tend to agree with Bobadah's view above. My only concern is that this latest period of being in discount has coincided with the explosion in popularity of broad based ETFs such as Vanguard's VAS etc and ETFs like STW etc. So the recovery back to a premium may be a bit more long winded than earlier reversals. ETFs mush be sucking a bit of air away from LICs. I am heavily into both.
I tend to agree with Bobadah's view above. My only concern is...
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$7.16 |
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