All Share Liquidity Test27 May 2016 12:12
There seems to be some likelihood that MTVW will fail the liquidity test for the All Share on June 17 and thus be expelled from the Index. This may produce some price weakness over the next three weeks, and could be a good buying opportunity.
Price levels on Mountview-type housing assets continue to be strong even in the London area, where the market up to £700K has remained buoyant this spring, as the Grainger management commented in their analysts meeting last week. MTVW NAV could well now be north of £200 per share (pretax).