The exciting part for me is that if PBT gets back to the 50plus-55m range ( not far as I think NPAT this year will be around 43m ) then EPS likely to be around 15-16 cents and divi of 9c. Medium term this could be be a reality which would be a 8% yield . They have set up a number of strong JVs which will help sales LT and athough lumpy they will do well LT . The Novomatic JV will also help on the R and D front
Ann: Change in Substantial Holding, page-13
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