Why MVG dropping

[SKALA]

I find no reason why MVG is dropping so much. Any views about this one?

[scandal]

involved in buy out (under cautionary) and warned about a loss per share about 11 per share i think.. moneyweb article. Could be wrong though.

[SKALA]

Thanks. MVL price also an influence; but with NHM going up today, would expect MVG to also lift a bit.

[Major]

mainly because the underlying value of its investments are lower. mvg is valued more on an asset value basis than on its earnings. should recover if the market does. I don't know of any buy out - they are buying back some of their own shares at the moment.