Ann: Daily share buy-back notice - Appendix 3E , page-11

re: Ann: Daily share buy-back notice - Append... I noticed this one a while ago and bought in. Having sold off the non profitable SEA business and with the share buy back ITL limited should be able to produce EPS of about 3c per share for this year.

After being debt free I am guessing that some of the buy back has been funded by debt but debt should still be at a low level.

am waiting to see the half year results but expect earnings of approx 1.5c per share with good cashflow.

Somewhat undervalued but after this year they need to produce some revenue and profit growht to keep me interested.