Well said AllFuelledUp,
I am guessing you are invested in CTN instead?
Yes, the management fee might seem high compared to the larger LICs, but Contango are invested in higher risk/higher reward assets, that require more research than BHP/RIO.
I see the mid-cap fund as a perfect addition to the micro-cap, and will be buying into the float.
Share to list for $1 for the mid-cap float, but who thinks they will hold $1 on the day of listing, with all the oppies out there also.
regards
harcourt, page-13
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