another $18m for shareholders, page-2

10.3 cent reference was to the qrtly report comment that CSM was up $18m on the PMM investment.

At what level of ownership do you equity account the profit and not just take in the dividend? If it is not 14.8% with Board representation etc then expect CSM to move to that level before reporting the half yearly.

14.8% of PMM on top of CSM's profit would look pretty damn nice.