Listed investment companies (LICs) can provide investors with an interesting opportunity; purchasing a portfolio of securities below the intrinsic NTA value. However, 30% of the 114 LICs were trading at a discount greater than 10% at the end of January. Show More
Jack Collopy, the small cap Tsar at Perpetual writes: STW Communications (STW) is the largest communications group in Australasia. Despite many traditional media companies struggling with declining revenues and shrinking market share from other channels (online, multi-channel, payTV), we really like STW due to its considerable exposure to the growing... Show More