Ann: Full Year Statutory Accounts, page-4

I think FOD is improving pretty well. It's sales were up, it's gross margins were up and its profit or EBITDA was up. Costs were also down so IMO, cash will eventually catch up if sales continue to climb and margins and costs can be maintained. The December quarter, with higher summer sales should be a good gauge. I know I said '6c by Christmas 6 months ago whcih now seems a bit rash, but the underlying business has improved so much over the previous year(s) and yet the SP is still too low. I guess its a confidence thing with nervous shareholders not willing to wait for the SP to go back up.