re: News: Murchison Metals to merge with Merc...
INA records 17/10/2013 suggest MVT has 32,618,336 or 4.83% of INA. This is equivalent to a value of ~ 17 million dollars or approximately close to 50% of MVT,s NTA. Therefore, I would assume that any increase in value of INA should be reflected in MVT NTA. The other companies in MVT,s portfolio to me appear to be wild cards with unknown potential? INA is currently paying a small dividend & appears to be the backbone to the company going forward? Would appreciate any comments?
MVT Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
