Just went and checked the share price around March/April 2012 and MVT traded about 11.5 cents then. So here we are 18 months later at about the same price. In that time the NTA went from about 8.5 cents, and right now with INA at these levels must be about 13.7 cents. So growth in the NTA of about 61% with zero movement in the share price. At that time 18 months ago there was a lot of enthusiasim to get involved. I cautioned this at the time pointing to the premium to NTA being not sustainable.
Here we are with the management runs on the board, possible to buy at a decent discount and it is relatively quiet on the forum here.
MVT Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
