half year report, page-2

I ended up getting back in recently at 10.5 cents after selling the stock late last year at the same price. During that time though the NTA has been improving.

What some may not realise is how close their bid for AYT would have been to a being a real value add for MVT. Unfortunately legal issue meant they could not proceed, in the last month though AYT units got revalued upwards by almost 50%. Unfortunately this will probably only affect MVT's NTA by about 2 or 3%. As MVT owns I think about 15% of AYT units. I held on to AYT after it was delisted and am extremely happy after I followed Brierley on that one.

Maybe something to bear in mind for those holding MMX, which includes me. Those who sold AYT on market for being fearful of delisting will have missed on at least their investment returning more than 100% in a year or so, could even be well more. Food for thought for those considering accepting the buyback they offered on MMX.