Yes, coming along nicely. Underlying op cash flow for Q1 last year was $1.796m so decent uplift this year at $2.146m
Ties in with second last paragraph from today's Chairman's address:
'Management profit reports for the first quarter are ahead of budget expectations as Funds under Administration have grown since June as a result of good net inflows and funds performance. If this situation continues, then this should add to profit growth expectations'
FID Price at posting:
$3.18 Sentiment: None Disclosure: Held
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