LIC's attract a different investor profile than individual listed companies. The answer to why the discount lingers might be that the less researched investors are currently nervous about the market and have a lesser understanding of the vagaries which drive the market. I also agree with Geoff - some LICs will sell up if discounts are high and persistent. If you can pick which of these are on the cusp you can make a relatively safe and quick return. I have only managed to do so once in 25 years of investing and it was more by chance than managing to pick it.
- Forums
- ASX - By Stock
- SNC
- LIC's. Clouds Gathering? Or Blue Skies Ahead?
LIC's. Clouds Gathering? Or Blue Skies Ahead?, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SNC (ASX) to my watchlist
(20min delay)
|
|||||
Last
79.0¢ |
Change
-0.013(1.56%) |
Mkt cap ! $112.6M |
Open | High | Low | Value | Volume |
80.0¢ | 80.5¢ | 79.0¢ | $40.19K | 50.47K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 14148 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.0¢ | 34782 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 14148 | 0.790 |
2 | 37000 | 0.780 |
4 | 19060 | 0.775 |
1 | 4325 | 0.770 |
1 | 12000 | 0.765 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 34782 | 2 |
0.820 | 40000 | 1 |
0.830 | 2000 | 1 |
0.835 | 28500 | 1 |
0.840 | 80000 | 3 |
Last trade - 13.59pm 02/10/2024 (20 minute delay) ? |
Featured News
SNC (ASX) Chart |