MC
In relation to any capital return, I'm pretty sure you need to recalculate your cost of shares net of any capital return. EG if you bought at 30c and you get 20c capital return your new cost becomes 10c for the purposes of calculating capital gains or losses.
Also, in your excellent response to @generealty you said:
"however at this stage, the market for whatever reason is placing 0 value to tlm's sinclair and blind calf assets. rightly or wrongly nobody knows."
I would add to that statement, 0 value is also ascribed to the cash and NSR !!
I am pretty sure in 4 or 5 months we will look back and kick ourselves for not filling up the Christmas stocking at the current prices.
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