RNC 0.00% 36.5¢ real estate corp limited

run still chipping away , page-9

  1. 13,244 Posts.
    In the announcement dated 28 th December it states
    (run corp refinances)

    It states that nab will extinguish the 35.6 mil for a 20 mil payment.
    If you then read half yearly 28 th of feb it states
    This includes a net gain of 15 mil due to restructuring finance
    Not implying nab took a 15 mil loss they did take a 15 mil dollar loss I had to reread when I first saw it to believe my eyes, go figure how do the banks make record profits.
 
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