MVT 0.00% 16.0¢ mercantile investment company ltd

Does this mean FWD is in play? MVT in their own right have...

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  1. 1,270 Posts.
    Does this mean FWD is in play?

    MVT in their own right have increased their holdings by 50% at an average price of $1.958

    Prior holdings were acquired at an average price of $1.418

    The intrinsic value certainly hasn't gone up by 50c/share in this period, so there has to be a strategic reason for increasing their holdings at this price now.
 
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