LRF

Wow! What a nice set of profit!

Yet people are not interested in LRF. No interim dividend this time though which is a bit disappointing.

When I was getting people to buy it, it was around 40-70c. The NTA was huge! You are getting something or rather, a lot, for nothing. If you look at their top five investments, I doubt if there is any fund manager in the resource sector with a better collection. However, it is good that few people want it.... it gave me an opportunity to top up :-) in 2008, 2009 and last in 2010. There will definitely be a top up this year from my entitlements in June 2011.