Including the $63m (AU) proceeds from the sale of XP Solutions reported on 19th September $16m net cash.
Not the annual report my bad.
My original call was wisely hedging my bets at 12-18 months from free cash flow. I still think that will prove more or less correct - 12 months to go.
I should be more patient right?
If they use the cash for a buyback then I get to include that in the final calc this time next year. Will be interesting to see where the shareprice is then.
Capital Raising, page-189
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| Open | High | Low | Value | Volume |
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| 1 | 4646 | 22.0¢ |
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