Ann: Half Year Accounts, page-4

I sold out last year because I could not see how REF can replace declining 1800 reverse business. I don't think online contact lens business will generate revenue of declining 1800 business, lens business is yet to break even. I said 5 years ago that REF should try get involve in NBN roll out as billion of dollars of government money was throw at project. Maybe it just better to payout cash to shareholders but I can't see that happening.