MVT 0.00% 16.0¢ mercantile investment company ltd

agm summary, page-6

  1. 216 Posts.
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    the 13 cent level at that time was ridiculous. and the market over-reacted. but this time around i am happy for it to hover around the 11 cents where it is now.

    the half-year is 31/12 for mvt, ina and mmx. so i expect some positive reporting for us on all three of them.

    also, would expect some capital raising to take place for opportunities.

    but it will be slow and careful going if i read it right. 11 cents is a reasonable price. don't see a problem with a premium.
 
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