MVT 0.00% 16.0¢ mercantile investment company ltd

Ann: Net Tangible Asset (NTA) Value as at 31 May 2017, page-10

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  1. 216 Posts.
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    Once again, NO ACTION!!!

    look at the report and compare !!

    Pre tax NTA A$17.82cents = NZ$18.71cents

    Post tax NTA A$16.17cents = NZ$16.97cents

    Share Price today = NZ$15.5cents

    So, in my view there's a notional profit in NZ of something between 1.74 cents and 1.47 cents per share if
    MVT got sold at these values. But in a normal market there would be a premium for a significant Investment
    Company's shares.

    Where are the supporters?? Surely the shares should be selling at a premium ??

    COME ON SIR RON, GIVE US SOMETHING TO EXCITE US !!!

    COMMENTS FROM OTHER OBSERVERS PLEASE !!
 
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Currently unlisted public company.

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