That's pretty good. I think it is odd that is is just shy of $100m, really odd, but its a solid number. I don't know why anyone would invest in a manager they've never heard of or who probably couldn't find Australia on a map, but it is what it is. On a dollar basis its sweet fannie all to the top line but it pays a salary and as I said they'll bury expenses in there no doubt. Good for them. here comes another LIC trading 10% below NTA. Is this another of those con job $1.10 LICs?
CGA Price at posting:
$1.15 Sentiment: Hold Disclosure: Not Held