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
$7.14 |
Change
0.020(0.28%) |
Mkt cap ! $8.936B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.17 | $7.10 | $2.748M | 385.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5067 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.14 | 15028 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AFI (ASX) Chart |