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HICL Going Down.

Closed-end funds and OEICs
TahiPanas
Posts: 40
Joined: November 4th, 2016, 9:48 am
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HICL Going Down.

#11108

Postby TahiPanas » December 2nd, 2016, 3:11 am

HICL's share price is dropping quite sharply as expected given real and anticipated interest rate increases. This should not come as a shock as it is in the nature of the beast. I got out too early at 172 when the SP was still rising. The premium was then eye-watering but continued upward.

Holders should expect more falls if interest rates continue to rise as expected.

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