great result and now trading under nta, page-6

It's hard to justify paying a 7-8% premium for the other LICs. That's the equivalent of a years returns for most investments.

Of course if that premium is always factored into the share price then it doesn't matter so much although it does impact the dividend yield.

Based on these figures MLT and CHO are looking close to best value.

Amazingly MLT has underperformed the overall market today! I've decided to buy more.

Dreamcatcher