MVT 0.00% 16.0¢ mercantile investment company ltd

agree year end 30th june.is annual report time should answer...

  1. 219 Posts.
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    agree

    year end 30th june.is annual report time

    should answer some questions, except that our Ron never fully reveals his
    hand. However thats the nature of the business we are invested in.

    so we have to rely on the board and mnagements expertise and market
    savvy. lets not forget they are also shareholders with much more at risk
    than most of us.

    so, i remain holding for the medium term because of the above. and tempted to
    buy with a strong kiwi dollar.

    from my point of view there are gains for me from
    rises in nta and eventually when the aus/kiwi dollar trend reverses.

    13 cents looks cheap
 
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