This LIC is almost on life support - it is so far underwater that existing holders have given up on it. The Board needs to take a leaf out of Ironbark Capital's book and offer to buy back up to a set percentage (say 25%) at NTA on a set future date (even up to 12 mos time) to help resuscitate the stock if they wish to persist with this failing theme. Give us holders some fresh air please. Look at what has happened today - practically every LIC on the ASX went up in response to the certainty of removal of the franking credit problem - but not NCC or NSC. Why? - because us punters cannot see any future in them. Do something to revive this stock directors!!
New strategy required
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $59.38M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 43.5¢ | $79.15K | 179.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37978 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 2000 | 1 |
View Market Depth
| Last trade - 15.57pm 28/06/2024 (20 minute delay) ? |
| NSC (ASX) Chart |