Mercantile Investment Trust PLC Share Price (MRC)

Best performing trust today. Should have bought a shed load more yesterday. The market didn't go up 27%, so whats going on here. Not complaining just bewildered! somewhat

It is now. Any opinion on the gearing statement of 5.5%. Investment trust seem to be a no go area at the moment. Must a good entry point soon

Ref investments, fantastic performance, selling 10% of my holding to fund other purchases, original purchase at £16.40, so very confident in this company. Hold if you are in, buy at next dip if not............

motoring on well, still under NAV but holding up well. An interesting set of investments held in the MRC portfolio. Fund managers don't seem too greedy either. Quarterly dividend is good as well. An observation not a recommendation!!

Share Split As a consequence of the Company's strong performance, the share price has risen sharply in recent years. Indeed, over the last ten years, it has more than doubled. Whilst this is excellent for our existing shareholders, the Board believes that the high share price may be unhelpful for those investing smaller amounts, monthly savers and dividend re-investment programmes and therefore it is proposing to sub-divide the shares on a 10 for 1 basis. This is known as a 'share split'. Following the share split each shareholder will hold ten new ordinary shares for each share held immediately prior to the share split. We hope that sub-dividing the Company's ordinary shares will make buying the shares more attractive to new investors and increase market liquidity. I would like to reassure existing shareholders that the splitting of the shares will not affect the overall value of their holdings in the Company as the reduction in the price per share will be offset by a commensurate increase in the number of shares they hold. By way of example, taking the price as at 31st January 2018 of 2,150.0p per share, following the sub-division each holder of one ordinary share would receive ten new shares which would be priced at 215.0p per share immediately after the share split. Shareholders will have the opportunity to vote on this proposal at the forthcoming AGM and more details are set out on pages 26 and 27 of the annual report.