tbr/rnd crabpots

I was just trying to think of anything tbr/rnd have really done for shareholders.
sure, they have accumulated a lot of gold and promised share buybacks but mr market hasn't bought it.
these companies are actually producing good revenues and yet are priced at the absolute minimum of their
asset holdings. just bad luck? maybe they are getting a little too creative in their strategy.
I am sure figures could be sprouted about what terrific value they are, but it may as well be a pot of gold
at the end of the rainbow as nothing has ever really eventuated and its just all conjecture any future windfalls.
having to to sell your shares to realise even a bit of value. c'mon!
then again, I'm not a sophisticated investor so maybe ive got it all wrong.