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Bottom is in. Get ready for SPENDA to bounce!, page-105

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    Ok then. Let’s go with reasonable and recent. If the SP has fallen by over 60% since February after a record revenue quarter. But Staff and admin outstripped every new dollar of revenue by 14 to 1. What do you think is so positive for this quarter. Noting that neither ebev pilot of 100 venues nor Capricorn DSD ( this is not roll out this is just design) have been confirmed as completed and both are currently clearly behind schedule again as there have been no updates on either.
 
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