MVT
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0.00% 16.0¢ mercantile investment company ltd

Ann: Net Tangible Asset (NTA) Value as at 31 October 2017, page-2

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  1. osammyo
    216 Posts.
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    14/11/17
    09:08
    Post #: 28761041
    Once again the NTA report

    Pre tax Adollars 19.62 cents = NZ dollars 21.5 cents
    Post tax Adollars 17.27 cents = NZ dollars 19.0 cents

    So the quote for NZ sellers at 19 cents on the NZ Exchange equals the Post tax valuation.

    Still a good buy at that price but its getting a bit more real.
    MVT Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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