This announcement is sending off alarm bells, I cannot put my finger on it but something in the dim past of Coolabah Capital of Mark Bouris and other arrangements. Intuition says there are careful play on words in the announcement and careful omission of some detail in the arrangement.
Don't expect YBR to break even for quite some time, but expect the Chairman to continually secure a good lifestyle for time to come.
YBR's three key investors all secure good transaction business on a regular basis as does the Chairman through privately owned businesses from YBR so their capital investment in YBR is largely irrelevant but legitimises it for mums and dads looking from the outside.
TZL sits on the perimeter of all this as well given the like nature of contracts and private company transactions that flow out of TZL into YBR.
YBR Price at posting:
58.0¢ Sentiment: None Disclosure: Not Held
