This is very positive as it indicates that GXL is now able to self fund its expansion completely out of cash flows, without resorting to issuing further shares. So no further dilution for EPS calculations. I am looking forward to increasing profitability as new stores and vet clinics built 2 to 3 years ago reach maturity, and the increasing % of in-store vet clinics.
Ann: Release Date for Full Year Results & Suspension of DRP, page-5
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