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?