FY 16 EPS?

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    So my guess is that Underlying EPS for FY 16 should be 9c at best which means we are currently trading around a PE of 16 which is pretty well in line with the rest of the sector (current share price is about right). I base my calculations on the following:

    FY15 Underlying NPAT 32.3 MIL
    FY15 Underlying EPS 13.4 cps
    1 H FY16 Underlying NPAT 9.4
    1HFY16 Underlying EPS 3.85c
    FY16 Guidance for Underlying NPAT is 20 to 22m

    So the questions I have are:

    What was the total amout ERM received for the sale of the shareholding of EGO? My calculation is around 7.8 mil based on EGO current market cap of 42 mil x 18.72% (ERM Shareholding)

    Why was it sold?

    How will this sale impact FY 16 results?

    Forgive me if I have missed something. Any help will be appreciated.
 
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