Ann: FY24 Results Presentation, page-31

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    Errrrrrrrrr, I think you and I have different idea's about what "generating some very good returns" means!!!

    Lets take your advice, and reflect on the presented case study.

    Clearly Melbourne is the very best example they have, which of course is why they use it..

    Melbourne has NEVER made a good return...and that is using a VERY generous 6% cost of capital.

    https://hotcopper.com.au/data/attachments/6418/6418371-73bcf2367588d670b2519b5b86d47ad5.jpg
 
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