wow! 500,000 through in first 5 minutes of trade! down to $1.08. There is no LIC quiet like this one, being sold off like its never gonna earn a cent again at the moment! I think the neutral stance of this company has cost us dearly, despite their being a good reason for such concepts in an overvalued market.
Tax loss selling, and total capitulation of hope of a recovery, can be the only explanation!
I have a spare 8k, and was hoping to put it into CDM and CTN, but gee, seems silly when this at a 20 percent discount to NTA!
thoughts?
wow! 500,000 through in first 5 minutes of trade! down to $1.08....
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