Sorry..accidentally posted this in another thread.
Been having a good look at these guys recently, with a steadily declining SP and NTA. At a discount to NTA for a while though. The group seems to have a very strong past record in their funds though.
I feel like alot of LIC's are a bit heavily weighted to banks and some recently well performing mining stocks. QVE seem to have a decent cash position but I can't really work out their strategy completely.
I'm assuming they are keeping this cash for some good little buys after some sort of big market dip.They are an expensive LIC as well...which holds me up a bit also.
QVE Price at posting:
$1.05 Sentiment: Hold Disclosure: Not Held
