MVT 0.00% 16.0¢ mercantile investment company ltd

Quite satisfied picking up some at 14 cents today. I know the...

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    Quite satisfied picking up some at 14 cents today. I know the market is volatile but INA has been strong since the May NTA.

    So as I write (obviously this could change a lot by the time they release the next NTA), I feel the post tax NTA might be closer to 17 cents. Pre tax over 18.5 cents.

    That might make the discount pre tax of 25% and post tax 17%. I can't recall it being that cheap for awhile. I am referring to numbers regarding the ASX listing by the way.

    Pretty good given their strong performance.
 
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