As a former MVF holder and current holder of VRT I'd also wondered about a potential takeover of MVF.
Thing is, in the low $5's VRT was better value than MVF and a higher quality business for a few reasons (better diversification, margins that aren't in structural decline etc.). The industry itself also isn't inherently friendly for owners as we've witnessed with Burmeister. An holder of Wesfarmers isn't going to find Bunnings employees start a new hardware chain overnight.
I don't think MVF is terrible value at this price, but can't see someone offering as much of a premium. Admittedly they could immediately pull out some equity and re-lever the balance sheet.
Ann: MVF delivers 11.7% increase in Adjusted 1H22 NPAT, page-6
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Last
62.5¢ |
Change
0.025(4.17%) |
Mkt cap ! $243.5M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 62.5¢ | 60.0¢ | $2.303M | 3.724M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 165103 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 27995 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MVF (ASX) Chart |