PAI 1.03% 96.5¢ platinum asia investments limited

Great post 1) I completely agree with the fluctuations. However...

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  1. 211 Posts.
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    Great post

    1) I completely agree with the fluctuations. However in my case that was an opportunity, not a problem. Since it was trading at a discount when I invested. It's probably still a slight discount, but not as high.
    2) This behavioural stuff is underrated, and can be HUGE.

    If PAI goes to a strong premium like PMC, then I may consider selling and switching over. However I invested only 3 or 4 months ago, so by now I've accumulated quite some CGT, but not 12 months / long enough for the CGT discount to be effect.

    I still think when the next dividend is announced, and if it's a lot larger as it's likely to be, the market will re rate this to a premium. Rationally or irrationally enough, the LIC investors tend to be very dividend focused.
 
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