All three LICs are under-scale, and, with the current structure, are likely to always trade at a discount.
There’s a line of thought that an LIC needs a market cap of at least $500m to be taken seriously by the market.
Also at a loss to understand why they have such a concentration of stocks in each LIC, that can be readily identified and replicated, thus avoiding significant management fees….should you be inclined to do so.
Reckon NCC, NSC and NAC need to be rolled into one LIC. It would give the combined group a more noticeable market cap, better liquidity and a broader portfolio of investments, just for starters.
In the absence of doing that, or something, it’s hard to mount an argument as to why they shouldn’t just shut up shop.
- Forums
- ASX - By Stock
- NSC
- Since Inception return , extend or delete?
Since Inception return , extend or delete?, page-3
-
- There are more pages in this discussion • 4 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
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add NSC (ASX) to my watchlist
(20min delay)
|
|||||
Last
47.0¢ |
Change
-0.005(1.05%) |
Mkt cap ! $63.38M |
Open | High | Low | Value | Volume |
47.5¢ | 48.0¢ | 46.5¢ | $53.96K | 114.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2444 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 44210 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9390 | 0.470 |
3 | 162000 | 0.465 |
5 | 139939 | 0.460 |
1 | 11000 | 0.455 |
9 | 90598 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 44210 | 1 |
0.495 | 20950 | 2 |
0.500 | 40000 | 1 |
0.515 | 12118 | 1 |
0.520 | 7500 | 1 |
Last trade - 15.39pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NSC (ASX) Chart |