The good doctor... you are confusing EBTIDA with NPAT
they never forcast NPAT of 13m
According to the orginal prospectus in Oct/Nov 07
the numbers are:
PROFORMA CONSOLIDATED
Revenue : $67.6m
EBITDA : $11.3m
NPAT: $7.6m
IN February CQU upgraded EBITDA to $13.2m
and in June they downgraded it back to $10.3-11.3m
Net effect... very little
Dont know where you get $5m from... perhaps the cashflow....
Refer to the February presentation for more details
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