Ann: OTTO PROVIDES UPDATE ON TIMETABLE FOR RETURN OF CAPITAL, page-25

		$m
1	Current Market Cap	71.9
2	Post Cap Return Market Cap	31.9
3
4
5	Cash (31 Dec 23) USD	34.0
6	Cash (31 Dec 23) AUD	51.5	0.66 AUD/USD
7	Additional Insurance	2.7
8	Less Capital Return	-40.0
9	Cash remaining post capital return	14.2
10
11	EV Excl Cash	17.7
12
13	YTD Cash Flow USD	7.3
14	Excl Insurance	-5.8
15	YTD Cash Flow AUD	2.3
16
17	Annualised Cash Flow	4.6
18
19	Multiple	3.9
20
21	No of Shares on Issue	4,795,009,773
22	Market Cap	71,925,147

Some early morning number crunching based on the last quarterly. EV multiple of 3-4 depending on whether team manage to bring admin and corp costs down.