"TBR with the other 75% of the cake made positive 88.19c per share......Plus the TBR result consolidates the entire RND Loss!
The accounts are meaningless."
The result is not meaningless. In fact you have synthesised it perfectly with your statement above. TBR's accounts consolidate the group results. Just forget that RND even exists and focus on the TBR's accounting. If you do you get a PE of $6.95/$0.8719 = 7.97 and the companies have paid $283.3 million in dividends to their shareholders. Most of the gold bullion sold to pay these dividends was sold at around A$1,600/oz. Without your friend Wreck it Ralph's involvement that gold would have delivered more like $460 million in dividends to shareholders if it wasn't for the forced sale through the Kangaroo court.......and don't forget that the same parties you cheered on all the way now own 21.05% of TBR and paid only $3.73 per share for their holdings thanks to ASIC and the bankster scum. That's what I call a F*&@&ing disgrace. Go away.Esh
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