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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-59

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    Think if we slip any further - might be the buy of the century if ACV grows.

    US$20m ACV + US$8m for these poles = US$28m ACV so ~A$42m ACV.

    Nearly at 2x ACV. Basically market is pricing no growth / reversal of ACV.
 
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