### I have faith in this company. It is well run ###
They invest well, if that is what you mean. BUT ...
### Capital management is not their forte ###
This is the huuuuge flaw with this LIC. Almost every "capital management" strategy they have implemented over the past year or so has IMO been negative for LRF and arguably dilutuve for NTA.
I won't go over the list as too long, but any long-term follower will know what I mean.
I hold, but am constantly frustrated by their lack of response (or even acknowledgement) of any email I have sent over the past 12 months. EVERY other company or LIC I have communicated with has responded either by phone or email.
LRF Price at posting:
45.0¢ Sentiment: LT Buy Disclosure: Held
