This is comparing apples and oranges. MLT is essentially a holding company and rarely sells their positions, as such they trade at close to pre-tax NTA.
CTN was also the best performing LIC in its first couple of years been listed, since then very poor performance. Beware of any outstanding short term record in LIC's it can reverse suddenly!
Ann: Revised NTA Report at 30 September 2016-MLT.AX, page-3
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