This stock is a bargain and always has been
Once again, the NTA( in A dollars) is pretax 19cents = NZ dollars 20 cents
post tax 17.3 cents = NZ dollars 18 cents
the last sale in NZ was 15.5 cents
= a profit margin in NZ 2.5 cents
Where are the buyers ?????
It's definitely a 'buy and hold' !!!
Ann: Net Tangible Asset (NTA) Value as at 31 July 2016-MVT.AX, page-2
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