I'd been trying to time my exit for sometime, as I had...

I'd been trying to time my exit for sometime, as I had previously stated. I had been somewhat critical of WAM lately for a number of reasons. My biggest concern was the moving of the goal posts for WAM Capital in the investor reports, by including out-performance against the small ordinaries, without giving any explanation as to why.

In any event, the LIC appears to be doing better now and generally I see a purpose for LICs going into the future, even if others only believe in ETFs. On top of that it must be admitted Wilson has some serious lobbying power and that is also worth something.

So I'm out today and you can expect the SP to sky rocket henceforth!