more bulldust for the punters

1. The balance sheet is still full of bulls**t.

2. The admin costs (read that as remuneration) is still at outrageous levels. Close to $20M instead of where it should be - at $10M.

3. The use of post tax profit in their presentation rather than net profit before tax is typical of the magic puddin crap.

4. No mention of the funds that are being shut down.

5. The NTA is total crap thus the gearin is total crap.

6. The valuations are still at least 6 months behind the curve

7. More was not said than was said.

Hope Euroz is correct because I want to dump what I have left for a tidy profit and 60 cents will do me nicely.

12 months time you will look back see what a pile of manure this result is.

The balance sheet has a pile of work yet to be done on it. Septimus Roe is still 10% over valued (book carry value over real market value etc etc).

Expenses are a rediculous joke but somebody has to earn the big bucks I guess.

Get that share price up for me lads, I've got some stock to unload.

(lol)