Balance sheet looks good;
- Free cashflow was $192M in first half, $597 full year, so $405M second half;
- Net cash of $312M, more than i expected, and start of a very nice warchest (plus they have the $1.5B credit facility if needed)
Establishing share sale facility for small shareholders is a nice thing to do.
Ann: Financial Results & Outlook Year Ended 30 June 2016-S32.AX, page-3
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