MVT 0.00% 16.0¢ mercantile investment company ltd

yes, i see your reasoning nett tangible assets at 31 may after...

  1. 216 Posts.
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    yes, i see your reasoning

    nett tangible assets at 31 may after tax aus 16.2 cents pre tax 18 cents

    = nz 17 cents 19 cents

    last trade in nz 14.5 cents 14.5 cents

    looks like a bargain in nz cents

    seller must be desperate or my reasoning is silly

    mvt year ends 30 june. should be good report for us
 
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