Me thinks the vultures are circling - MVT

Mercantile Investment Company Ltd has just become a substantial shareholder.  It’s chairman is Ron Brierley a long time corporate raider….. looks for under performing companies, strips assets and accesses accumulated tax losses.

**riel Radzymiski is MVT's executive director.  He is the founder and Managing Director of Sandon Capital Pty Ltd, a boutique investment management and advisory firm.  He is portfolio manager of the Sandon Capital Activist Fund, a fund targeting underperforming companies.  Sandon Capital also provides advisory services to shareholders seeking to implement activist strategies.
Sandon Capital has connections with Macquaire – Consortium that purchased of Onthehouse.com.au http://www.copyright link/business/...cted-prey-onthehouse-holdings-20151229-glwcs8.
A precarious time for YBR..... Will there be a Y/E profit, will CBA renew their commercial bill in July 2018?  And I think MB's contract finishes around that time too!