Perhaps some editing wouldn't go astray for your next post...
Where did you read this argument?
On average over the long term, LICs will typically trade at close to their NTA. Therefore it is favourable to buy at times when the share price represents a discount to NTA, as eventually the share price will rise to meet (or perhaps exceed) the NTA.
I prefer to look at pre-tax NTA as the LICs I invest in have no intention to sell down their holdings and incur capital gains tax. They announce the post-tax NTA (or 'liquidated NTA') for the sake of meeting accounting standards.
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