MVT 0.00% 16.0¢ mercantile investment company ltd

This stock is a bargain and always has been Once again, the NTA(...

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  1. 216 Posts.
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    This stock is a bargain and always has been

    Once again, the NTA( in A dollars) is pretax 19cents = NZ dollars 20 cents

    post tax 17.3 cents = NZ dollars 18 cents

    the last sale in NZ was 15.5 cents

    = a profit margin in NZ 2.5 cents

    Where are the buyers ?????

    It's definitely a 'buy and hold' !!!
 
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Currently unlisted public company.

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