$10 margin should be conservative also, as you get the economies of scale benefits. The aim is to get towards a $15 margin.
I think we are looking at ~$7-$8 million of capex in the December quarter and then ~$3-4 million between March/June quarters. So we're looking at a 3-6 month period before we start seeing big free cash flow numbers IMO.
You can see the re-rate potential in this one. All about execution now.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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