Well, if I knew the costs I would, but 113 cents based on the company keeping half of that revenue. It would be a tough environment for management, 50% divi payout ratio, which project to be take out next, 80% stake in Arnott's for discounted Tim Tam offtake supply, special divis or buybacks in the years when they are unable to find a decent takeover target, which would be an ongoing problem, given most of the big ones have already been discovered, take out some recycling plays and put them on C&M.
As said, a tough environment, perhaps a little boring for current board members, poor buggers...
Well, if I knew the costs I would, but 113 cents based on the...
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