MVT
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0.00% 16.0¢ mercantile investment company ltd

I think it's terrible unless you happen to be the investors that...

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  1. nicleeson
    1,549 Posts.
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    22/12/15
    21:29
    Post #: 16670250
    I think it's terrible unless you happen to be the investors that are able to take up these placement shares.

    However at least the size of the placement is extremely small relative to the overall company so it will not be dilutive in a huge way. Still doesn't make it right.
    MVT Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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