Steve why did you add the margin on top of the GDV.
Isnt the calculation - GDV of 1200m AUD @ 35% = $420m profit from these developments? Whats the $1,600m?
If we average $420m over the next 3 years thats $140m a year so assuming these developments are executed at historic margins we should definitely be in a for a few good years. I didnt catch what the GDV of the second Vietnam tower was but I assume thats circa $200-300m as well so we could add this in for shareholders.
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