Off the track of m & a a little bit, but BG pointed to a flat...

Off the track of m & a a little bit, but BG pointed to a flat year for the VBA operations. Whilst the $200m isn't a cash flow item it is really foregone profit - my point is that at current arefares, oil price and passenger numbers -profit (normalised) should be around $200M...current market cap $300m - risk/return looks OK to moi!!