Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-63

@Teddyward
Do you read the announcement's Teddy?

1. Nearly 5 positive cash flow QTR's.
2. Two bids in the last couple of years; KBC and Aurora (hint: if they want to own it, so do you)
3. Nil CR required. Nice cash on hand.
4. High potential product. Proven product history going back to the Cadbury days plus the precedent set by Kinder Surprise.
5. Management change (big factor. Seems like the previous team would stuff up running Maccas given the chance).

Hypothetical: a SP of 15c, assuming a PE of 15, is about 2.1M FY earnings. Not unrealistic going forward. 10c even easier - and could be here very quickly.