please mr cook, can i have a dividend?, page-7

leo,

rough calc on cash - at 31/12/08 cash and receivables of $62m, 2 quarters of Relenza royalties of $41m less net operating expenses for half year - $10m (guess) - remaining cash approx $90m. A 10c div would use $17.5m.

6m to 31/12/09 looking good on the Relenza royalties front plus significant increase in following 6m. Interim div could be doubled with ease.