Originally Posted by
Huang Chung
Hi Mark
Been quietly reading your posts.....generally not much to say other than 'Oh My God!'.
Kerr Nelson has gone from hero to zero in less than 12 months.
I was having a look at Platinum Capital at around $1.19 briefly yesterday. The massive premium to NTA that this stock attracted has now completely disappeared. I like the idea of LICs, such as PMC, as opposed to open ended managed funds, as you don't have the problem of a fund having to sell a part of their holdings at exactly the wrong time in order to meet redemptions related to unit holders cashing in their chips.
Do you have any views on PMC Mark?