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16.0¢ mercantile investment company ltd

2017 a good year and considering dividends in future. Still...

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joe

536 Posts.

02/03/18

14:20

Post #: 31482856
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Originally posted by no ↑

A dividend would cause an immediate re-rate. On my reading of the accounts there may be even some franking credits just appearing. Can any accounting people verify that? A lot of the losses appear to be gone and some tax has been paid or owed.

I wouldn't be surprised if the big shareholders, who are directors, were interested in extracting some of the franking credits. Here's hoping.

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2017 a good year and considering dividends in future.
Still running under the radar.

MVT Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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