I'm new to LIC's in general and also never bought in an IPO...

I'm new to LIC's in general and also never bought in an IPO before. However I see the options as the real advantage of participating in the IPO i.e if you buy shares immediately after they list then you're negatively impacted by the options. Will be interesting to see if I can get some additional BHD options after they list as a 3 year expiry along with Stuart's previous success they could be very juicy indeed.