I listened to the presentation too. Mr Evans presented well, but...

I listened to the presentation too. Mr Evans presented well, but don’t they all? Boo-Boo was also a good presenter.  Don’t be fooled that “charm” is the same as “smart”. Shysters only get their money through charm.

And can this guy do maths? A concentrated portfolio like he’s talking about sees $200m spread across 15 holdings. That’s an average of $13m per holding. In some of the companies that he is talking about, that could be 50% of the shares on issue! Sounds like Chris Gayle going out to bat – 100 or 0 - binary outcome.
And their other LIC's - NCC and NAC - are $87m and $53m respectively. CTN is $200m. NCC had 1690 shareholders at 30 June 2017 and NAC had 838 – CTN has 6,000. A big step into the unknown for Mr Evans.
And they get their NTA’s out on the 12^th of the month – just 2 days before the ASX deadline. I wonder if their performance fee invoice will be so tardy.

Also, NAC performance for 2017. The shareholder return (price move including dividends) from 1 January to 30 September 2017 was -8% while its NTA (adjusted for dividends) is unchanged, so it has moved from small premium to wide discount. Doesn’t that mean it’s on the nose to shareholders?

And if the CTN portfolio has performed anywhere near the Small Caps Index during October, I reckon CTN could also be out to around a 15% discount – I guess we’ll find out on the 12^th

I can hear the timebomb ticking already.

Don’t be fooled by these jokers – vote “No” to all resolutions.