Lets go! GREAT move. Kaddy was always the way to go. Love to see...

Lets go! GREAT move. Kaddy was always the way to go. Love to see they addressed the reduction in costs that this move brings also.

IMPACT ON CASH FLOWS
The cost-saving initiatives identified to date are expected to reduce the current cost base by over $3m
p.a. or $750k per quarter (operating cash flows).
The majority of these savings will come from the consolidation of marketplaces which will take effect
during the March and June ending quarters. It is expected that the full benefit of these cost savings along
with those yet to be realised from integration initiatives in the Kaddy Fulfilment division will be visible
from the September quarter onwards. In the near term, a number of one-off restructuring costs will also
be incurred and booked into the March quarter.