MVT mercantile investment company ltd
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I have posted previously on this stock before that when it...

  1. nicleeson
    2,530 Posts.
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    23/05/13
    11:58
    Post #: 11799832
    I have posted previously on this stock before that when it starts to trade at premium to NTA of 10 or 20% there is little point of being in it because history shows that invesment companies have a hard time maintaining this premium.

    MVT traded at 12 cents around christmas when it's big holding of INA was only 27 cents. Now you can buy MVT at 10 cents with INA looking super strong around 35 cents.

    I reckon MVT is a good buy again now, very astute investors these guys.
    MVT Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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