Ann: Company Update , page-15

Jemma,

By my calcs on the cash front, they will have:

$18.6m as per half yearly +
$3m repatriated after half yearly, but mentioned in HY +
$53.2m

= $74.8m cash

less any changes in the currency (AUD going down, so that is a positive if it keeps going that way) and taxes that need to be paid (a significant unknown at this stage).

That is sizeable amount of cash, considering they still have a profitable (EBIT) growing business in the Buffet Club in China.

Interest alone, should underwrite the company's operations.

MD does hold about 6% of shares, so imagine he would be interested in getting some funds out through a special dividend as well.