good value with a dividend approaching, page-2

Yep, MLT is looking pretty good. I suspect the NTA may be closer to $14.84, putting MLT at a small discount to NTA.

It'll be very interesting to see what our managers do with the dividend this year. The operating profit will certainly be lower than last year's, so they'll either cut the dividend, or maintain the dividend by paying out possibly more than operating earnings. Same applies to many of the other LICs.