Except if you bought the holdings NSC has on the market you'd...

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Tarvold

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13/08/23

18:02

Post #: 69313274
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Originally posted by WangChung: ↑

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.

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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.

NSC Price at posting: 70.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 28.5¢		Change 0.010(3.64%)		Mkt cap ! $37.87M

Open	High	Low	Value	Volume
27.5¢	28.5¢	27.5¢	$50.05K	179.5K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
28.5¢	3000	1

View Market Depth

No.	Vol.	Price($)
1	10000	0.280
1	25813	0.275
1	10000	0.270
1	3000	0.265
1	1153	0.260

Price($)	Vol.	No.
0.285	3000	1
0.290	13323	2
0.295	66585	2
0.300	131884	6
0.305	94950	2

Last trade - 13.30pm 02/07/2025 (20 minute delay)

NSC (ASX) Chart

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