FOR forager australian shares fund

I was one who voted AGAINST the original decision to list the...

  1. 3,659 Posts.
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    I was one who voted AGAINST the original decision to list the unlisted managed fund into a LIC.
    As I wrote to Steve Johnson, it would be likely that a LIC with a small market cap, and consisting of microcap stocks in unloved sectors of the market, would most likely sink into a sizeable discount to NAV to the detriment of us holders who bought the managed fund at NAV.
    Steve disagreed.
    I was right, Steve you were wrong.
 
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