Ann: Change of Director's Interest Notice , page-4

I was just thinking the same thing.
It's interesting because if they had done a share buyback and spent the full amount gained from the sale (I think it was about $135m) the market cap would have been about $45m (current market cap is $180m).
If I look at the statements at the end of December 2012 you have the following EBITDA results for each segment:
DBS - 9.5m
SMB - 12.8m
ENT - 2.3M
FRT - 0
Corpotare - (5.5m)
Transformation - (2m)
Total EBITDA - $17.1m

Take out DBS and the result is an EBITDA of $7.6m for a company that has a market Cap of $45m (if they had done a buy back).... Seems pretty good.
The result could be even better when you consider the reduced corporate costs in relation to DBS and also the falling $AUD.