Why?, page-3

What goes down, doesn't necessarily go back up.
There are several better performing lics trading at a discount that are trending upwards, without the stench of ctn.
Reserve cover means nothing when share price and nta are continuously going backwards.
One of the hardest lessons to learn with investing is to never get emotionally attached to any particular investment. Be prepared to cut your losses and realise you can always make your losses back in the next investment. This lesson took me some years to learn. Unfortunately a lot of people never learn it even though it sounds so simple and obvious.