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18:02
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Originally posted by WangChung:
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All three LICs are under-scale, and, with the current structure, are likely to always trade at a discount.something, it’s hard to mount an argument as to why they shouldn’t just shut up shop.
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Except if you bought the holdings NSC has on the market you'd pay full price where you can buy the same holdings via NSC at a substantial discount.
(20min delay)