Ann: Change to CFO role and reaffirmation of FY18 underlying EBIT, page-20

Yes this is a cash generating business no wonder so many funds have got finger in this pie.

Saw an ad of them claiming over the past 12 months (June 17 to May 18) they have delivered 500,000 internet plan comparisons to customers - got to assume more than 50% of the them have used them to get their new plan as admittedly bar the most penny pinching customers (like me) most will be happy to take one of their recommendations and save themselves some $$$

I'm working on a theory which I have seen with other companies in sight of takeover. If CTM lobs a bid now - it would be considered very opportunistic and likely to be wholeheartedly rejected by other large holders like Forager funds because it is significantly undervalued right now. However if they want acceptance by other parties they should let the stock recover a bit and then get it on premium.

At least this is what happened with BKN when it got bought by Hitachi. Hitachi could have low balled it at 60c,80,$1,,$2 but they waited until the stock has recovered then paid a 40% premium and got acceptance by all easily.