MC $20m, cash $3.7m, generating $4m in cash per annum, page-2

I think there is room to increase the dividend pay out ratio; the wording in the market update
indicates it will be at least 25% -think it could go to 50%

The Company’s Board of Directors envisages that the dividend for the year ended 30 June 2014 will be at least in that order.

Pie Investment team own 8% of RHP (cloud based company), be interested to know what role the
cloud could play in the development of TCN businesses  in particular Statseeker