You might be too generous Stweeve, given the logic the market has shown this one maybe $1 could be the order of the day!
In all seriousness, it was a brilliant report. Ahead of my expectations. Worth $2.50 (13x underlying cash NPAT) on this profit alone without considering any potential gains next year from acquisitions completed during the year. Great to see a bit more detail given in the repor setting out corporate restructure and amortisation costs etc
Happy for this to be one of my largest holdings
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- Ann: 2015 Joint Report of the Chairman and the Managing Director
Ann: 2015 Joint Report of the Chairman and the Managing Director, page-4
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