Broadly agree but it wasn't that long ago (during COVID) that many were trading at a premium and ETFs were already the preferred vehicles for most at that time.
I just think many LIC managers have gotten lazy, get paid too much and have ceased adding value and the AFI stable is exhibit A.
Ann: NTA & Top 25 Investments as at 31 May 2024, page-6
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Last
$7.16 |
Change
-0.015(0.21%) |
Mkt cap ! $8.961B | |||
| Open | High | Low | Value | Volume |
| $7.17 | $7.17 | $7.15 | $1.662M | 232.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 166759 | $7.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 43934 | 21 |
View Market Depth
| Last trade - 11.48am 24/06/2024 (20 minute delay) ? |
| AFI (ASX) Chart |