True, but in hindsight I would have done many things different, like bailing out at $1.50+
Anyway, today's increase is probably due to the share buyback notice. I have doubts that it will work, many other LIC's have done this with very little success.
Maybe they should have tried the LRF idea and have the company buyback a certain % of everyone's holding at a slight discount to NTA.
P
close the fund down, page-5
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