Ann: Update on Strategic Review and Appointment of New CEO, page-49

Post asset sales the business mist have a viable future otherwise the administrators would have taken control.

My understanding from the industry was VET had the best completion rates of all of the private operators. Players like evocca (see press) have terrible outcomes yet generate $100m in ebitda.

The vet sector is $12b in annual revenue. If VET can stay out of the press (rear window) it has a genuine chance of getting back to where it was.

Price target $1 before Christmas 2015.

Jp