James Packer buys in, page-72

Rev -- Not quite $8m pa ?

CQG 40 per cent only to CGA Deduct $720k -- SWTZ 46.25% share to CGA Deduct $340k -- the 161m more likely averaging at most 75 bp -- ON $160m say 1.2M Deduct $1.7m
Rev nets closer to 5.3m pa ( Almost exactly the no in the prospectus 14 months ago ).

CGA Investor presentation released on 22 Aug this year had "Annualised Run rate at $6.5m" when FUM was quoted at $752m. Surely lower now! With $140m lost at ( say ), even 50bp would bring Run Rate down to $5.75 m at best.

Not sure you can calculate a market value on those nos, even on forward earnings?

Last 4C had outgoings at over $2m per quarter Cash lost per qtr now in region of $800k ?

DYOR