MVT 0.00% 16.0¢ mercantile investment company ltd

Ann: Net Tangible Asset (NTA) Value as at 31 May 2017, page-16

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  1. 216 Posts.
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    Hullo fellow investors

    Today's report of NTA shows the following:-

    Pretax per share A$19.49 cents = NZ$21 cents

    Post tax p/share A$17.14 cents = NZ$18.8 cents

    Share price in NZ = NZ$16.1 cents = a margin of 2.7 cents per share in favour of buyers
    (just looking at the post-tax valuation).

    There must surely be some movement upwards after that !!
 
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