Wang, re URB, when you say its a Souls/Milner set up, do you mean that Sol Pat/Milner boys are the managers ? or similar to a cross ownership set up ? I am in a few LICs with my SMSF and sometimes they are not the secure reliable beast you think they are and I am referring to NSC for starters. I am in CDM which is performing but my buy price averaged out is still above the current share price. Interesting combination equities and unlisted property as a mix ! Re LICs, have a look at CVF and read their very interesting latest report and read their last couple of monthly reports. I bought at $1.08 but its not often that an LIC puts in a special comment in their monthly report, that their NTA for the month has increased so much during the month that they feel the need to update the market... and they have done that I think 2 months out of the last 3 or 4 !
I dont know anything at all about LSF ! Whats the attraction for investors with that one ?
