Highlights
ASX: MVT       MERCANTILE INVESTMENT COMPANY LTD
Last Price Today's Change   Day's Range   Trading Volume
0.165   0.00 (0.00%)  0.00 - 0.00  0

Overview

 
Avg Volume (4 weeks):211,627
4 Weeks Range:0.155 - 0.17
4 Weeks Price Volatility (%):
97.06%
52 Weeks Range:0.155 - 0.18
52 Weeks Price Volatility (%):
91.67%
Average Price Target:-

Headlines



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Business Background

Mercantile Investment Company Limited is an Australia-based investment company. The principal activities of the Company are investment in cash and securities, which will provide risk adjusted returns, including by way of short term trading, profit making ventures and holding shares for dividend yield/long term capital appreciation. The Company operates through two segments: Securities and Consumer Finance. Within the securities industry, the Company derives revenue from trust distribution, dividend income, interest income and from sale of its investment portfolio. Within the consumer finance industry, the Company derives revenue from interest income. The Company's subsidiaries include Murchison Metals Ltd, Mercantile ADF Pty Ltd, Mercantile IAH Pty Ltd, Mercantile IAM Pty Ltd, Mercantile OFM Pty Ltd, ATL Exploration Pty Ltd, MMX Investments Pty Ltd, MMX Port Holdings Pty Ltd, MMX Rail Holdings Pty Ltd, Jack Hills Holdings Pty Ltd and Weld Range Mining Pty Ltd.

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