So when it initially traded at a sizeable premium you decided...

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Sharkies63

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12/10/23

16:02

Post #: 70312883
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Originally posted by woollydog: ↑

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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So when it initially traded at a sizeable premium you decided not to take advantage and sell out, but instead ride it all the way down and then emphatically say I was right, told you so?

FOR Price at posting: $1.33 Sentiment: None Disclosure: Not Held
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So when it initially traded at a sizeable premium you decided...

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