LSG lion selection group limited

Interesting. Hadn't really been paying much attention to this...

  1. MJS
    2,293 Posts.
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    17/03/07
    17:06
    Post #: 2277548
    Interesting. Hadn't really been paying much attention to this merger, but could be something there. The merger is a merger of equals - based on NTA backing alone.

    Discount has narrowed as LSG has continued to slide, however both LSG and AUS are now trading around 20% below their pre-tax NTA. A fairly hefty discount.

    Having said that, a number of the "newer" LIC seem to again be trading at a reasonable discount to NTA.
    LSG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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