MVT 0.00% 16.0¢ mercantile investment company ltd

that's a $7.5million = 30% of their market cap investment in a...

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  1. 1,834 Posts.
    lightbulb Created with Sketch. 92
    that's a $7.5million = 30% of their market cap investment in a company identified by ASIC in the Hayne Inquiry as one of those " fee for no service" offenders.
    Oh..and the mortgage aggregation business...what's to fall out there?. No so much in the high margin Non Resident customer now. The Loan Book is sure to be falling now.
    Hope they know what they're doing!
 
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Currently unlisted public company.

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