Ann: FY17 Results Announcement, page-13

A company generating 80m cash per year selling for 280m with predictable and increasing revenue for the next 7 years?

With the telecommunications space becoming more competitive there is no way that telstra would kill this golden goose.

If they did why wouldn't tpm offer to take over the company and utilise possibly Australia's best mobile sales infrastructure as they begin to roll-out their network.

The only reason vtg make so much profit is because they are head and shoulders above every other mobile retailer in Australia (crazy Johns used to be as good)

I see this as fairly valued at 350