MVT mercantile investment company ltd
Add to My Watchlist 0.00% ! 16.0¢

nta 8c placement 8c so why sp 13c ?

  1. mgm1a
    1,714 Posts.
    lightbulb Created with Sketch. 44
    clock Created with Sketch.
    12/03/12
    21:03
    Post #: 9827464
    this is being chased hard - smart money or dumb money?

    Net assets are a touch over 8c and the placement only 3 weeks ago at 8c, so why for what amounts to an investment holding company is this trading at a 62% premium to NTA?
    MVT Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Marquee confirms high-grade antimony ahead of maiden JORC resource
right-arrow Created with Sketch.
MEM Memphasys secures transformational A$325K initial order with exclusive Middle East partnership
right-arrow Created with Sketch.
NEWS Arrowsmith North Silica Sand Project granted works approval
right-arrow Created with Sketch.
NEWS Rubix advances proposed acquisition of prospective Bauxite Projects in Africa
right-arrow Created with Sketch.
BML Boab Metals secures path to full ownership of Sorby Hills Project
right-arrow Created with Sketch.
NEWS Stay ahead - view the latest ASX market news
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

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