Being in the pension phase of life, I have 25% of my portfolio in Lic's. This Midcap Lic appeals to me as it gets away from too much exposure to the banks Bhp & Rio etc. I've looked at it and decided to buy in after the float when things have settled. Tried ringing the 1300 number to get an idea if stocks will be crossed into it from other funds, or if it will be new on market purchases, but all I get is the engaged signal.
7.2% div is ok, but I would think in the initial stages capital will have to be tapped into to support this.
Looks good to me, but do your own research.
Riv
Being in the pension phase of life, I have 25% of my portfolio...
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Last
42.0¢ |
Change
-0.005(1.18%) |
Mkt cap ! $62.71M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 42.0¢ | $112.5K | 266.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 95019 | 1 |
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