Well done team! Cash at 31/3/16 $17.6m. Managed to whittle this down to $3.2m in just 2 years.That's a quicker burn rate than they had when it was listed.
Now talking about gifting the rest to an Administrator! So good. Really so good. These guys are great.
To celebrate read this puff piece from the nation's most expensive fish wrapper courtesy of tax deductibility status. How the rich invest indeed. Not by following Patrick or Kris I'd wager. Wonder what iProperty really cost REA.