Ann: Quarterly Activities Report & Appendix 4C, page-28

You have linked a basic comps analysis for the confectionary business above with an average company size shown of $15 BILLION market cap?

Look at what you posted, then tell me how those companies listed that have an average size of $15 BILLION market cap are relevant to the discussion of a fair acquisition value of a small, fast growing confectionary businesses (such as CLB), based on revenue/EBITDA (depending on what angle you are arguing) is.

Im open to the criticism, but portray it in a way that shows historical M&A deals of small fast growing companies that are comparable.

Its like showing Apple as a comparable compared to a start up. Grossly misconstrued.