MVT 0.00% 16.0¢ mercantile investment company ltd

Is this an arbitrage opportunity? As current share price is...

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  1. 209 Posts.
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    Is this an arbitrage opportunity?

    As current share price is $0.079 with $0.06 cents return to shareholders per share and distribution of $0.09 per share (based on net assets value of $19,253m / share capital of 214,400m).

    Opportunity = $0.071 profit per share ($0.150 - $0.079)?
 
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