I posted this before the last earnings update
since then the % held in different countries has changed slightly (less euro, more AUD and US). Also the Euro float is pending approval by regulator (CBI related) but they are going to update prior to Nov AGM & strategy update. On a 0.50% lift in rates in euro it represents $4m (same with UK)
last night alone Canada increased by 0.75% which on the revised 5% share of the $2.2B float would be +$800k to full year EBiT.
can assume that by Xmas well be at an annual run rate of $20m+ (was $10m in August without euro).
I posted this before the last earnings updatesince then the %...
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