MLT 0.42% $4.80 milton corporation limited

I agree with your figures and also agree that it doesn't make...

  1. 477 Posts.
    I agree with your figures and also agree that it doesn't make sense. However, the market is not always as efficient as some might suggest, so this would be a good time to pick up some MLT shares if you plan to hold them for a long term. They are likely to, at some stage, trade at or above NTA so with the discount (by my calculations) currently at 8.6%, this means you can buy $1 worth of top-quality assets for only 91.4 cents. Or in other words, MLT shares would have to rise by 9.4% to reach fair value.

    My figures for the other big LICs are:

    AFI 2.6% discount
    ARG 0.8% premium
    AUI 7.5% discount
    DUI 7.5% discount
 
watchlist Created with Sketch. Add MLT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.