I've been charting the delta of the LINE/LNCO pricing for the last year or so. Back in mid-October LNCO started dropping from about a 15% premium to a low of a 5.9% discount in late February. The discount at this moment is about 3.1%, and rising. I suspect the Drop in the week or so has been end of the quarter short window dressing, and both stocks are headed up from here. Based on my charting, I would expect LNCO to move up faster than LINE.
Interesting observation. Hope it has some validity to it and you end up being right not that it matters as long as we continue to get the .2416 dividend monthly and eventually the stock/unit price will take care of itself.