MVT 0.00% 16.0¢ mercantile investment company ltd

Looking at the NTA I was a bit disappointed, might have been...

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    Looking at the NTA I was a bit disappointed, might have been some underperformers from the smaller holdings I didn't pick up and maybe they didn't participate in the INA raising.

    Anyway given the track record of investment performance still don't think it deserves much of a discount. So 14 cents still should turn out to be a good buy level.

    During July AFY (Afterpay) exposure might treat them nicely. Looks like RIS (Richfield) can be a decent swing factor and their latest quarterly cash flow report looks good. So if INA can fight off the recent capital raising indigestion this month hopefully the figures I was hoping for we can get to with the next NTA release!
 
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Currently unlisted public company.

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