MVT 0.00% 16.0¢ mercantile investment company ltd

Ann: Net Tangible Asset (NTA) Value as at 31 May 2017, page-18

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  1. 568 Posts.
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    Today NTA 30 Sept pre tax $A0.1949 post tax $A 0.1714, and can buy at $A0.165. NB is 16.5c in $A to buy. Low sale volumes so might be able to buy at $A0.16 with patience.
    Is a long term hold stock in my opinion. Share chart shows slow capital appreciation, but no Doc’s.
 
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Currently unlisted public company.

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