Ann: PRG Board recommends acquisition proposal from PERSOL, page-51

So I am going to kick a figure around now. Around 34million in retained earning, but a final of 9 million still to be paid. However they have earnings from 1 April still to be taken into account. So let's say after adding in current earnings, less divvy to be paid in a few days we are left with just the 34 in retained earnings. Could be less. That would give you a divvy of between 12 and 15 cents and franking to match. A lot lot lower than what we were hoping for, so I hope Morningstar is wrong, but they generally aren't.