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Ann: Update on Ladbrokes Integration and Regulatory Approval, page-16

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    Spruik the share price and raise capital? Yeah, pretty much the way the ASX plays it these days! Just be mindful of the cash balance - these are companies we invest in, and companies don't live on hopes and dreams forever. They need to make money at some point, and increasing expenses that are not offset by revenue is not a way to build shareholder wealth...
 
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