Hi Kookaburra777
The extra value in each company comes from the cross holdings held.
TBR consolidate RND's accounts into their own due to a 44% holding in RND. It is not taking a cut held by NST, it is just recognising that as a holder of 44% of RND, TBR's interest in the JV is higher than just the direct 36.75% interest.
Likewise RND hold 26% of TBR and therefore are entitled to a share of the earnings made by TBR.
Cheers
Worzel
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.85 |
Change
0.150(0.96%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.05 | $15.81 | $86.08M | 5.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23117 | $15.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.86 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
