New LIC taps into global uncertainty
"BHL would look to achieve similar performance to its sister LIC, HML, which had generated a 142 per cent return for investors who had signed on at the initial public offering (IPO) stage prior to its listing in February 2016.
Any investor who bought into the HML IPO made 142 per cent in the first year – 65 cents on the share price, 20 cents on the dividend and 57 cents on the option,”
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