Interesting that they under-performed the small company index by more than 10% in the year to 30 June 2014. No wonder they felt they had to give a decent lunch, the poor shareholders buggers gotta get something out of it don't they !! They deserve some sort of award for consistently getting it SO WRONG. Wooden spoon award perhaps...
I take it that the 8.2% is the overall total return (not an annual number like pa since 2006)
And that the fiddled NAV after assuming all dividends reinvested
Surely more than 8.2% total return in 8 years
But you don't get it Winner. They've been paid a 10% dividend every year. That's a great return for doing nothing, just watching the payments rolling in. How dare you question it. You're probably just down ramping so you can buy in.
Remember the ASX is down re 8% this year esp the last some weeks. NTA of BRM has dropped re 7.5% since 4th sept. So looking at something in particular point of time one can play with figs ; AND the div keeps coming as the buyback does too
mmmh ; hallooo to the haters. BRM issuing 1 for 4 warrants exercise 68c by may 2016. Ive done well with my 62c entry plus divs so don't shoot the messenger ok
mmmh ; hallooo to the haters. BRM issuing 1 for 4 warrants exercise 68c by may 2016. Ive done well with my 62c entry plus divs so don't shoot the messenger ok
Have to agree with you Joshuatree. My holding bought October last year is up 9.52% plus divs. pluss buffet lunch And the MLN shares bought in Nov. last year are up 6.59% plus divs. Looking forward to the next annual lunch, might even take some a2 milk
Originally Posted by Roger
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