Sydney Guy wrote - "if NET assets per share were 1492, and they...

Sydney Guy wrote - "if NET assets per share were 1492, and they write off 6BLN.........then the net assets on paper fall by 7.83,(6Bln / 766M shares) so net assets are now 7.09! (1492-7.83),,, (I think that back of envelope is right)"

Sorry you are way wrong.

Net Equity was = $15.219b
NTA was = $11.429b

Tangible assets will only drop by $2.2b less add ons for Defferred Tax Benefits which could be 500mill and profit for the half around 500mill.

Therfore NTA as at 30 June will be approx $10b. Divide that by the number of shares of 766.5mill = $13.04/share.