Ann: Trading Update, page-3

$352m is a lot of market cap for a company that says it is moving towards a new business model that will focus on the channel that currently represents 3% of total turnover

Also seems to me if you want to buy some jewelry you have room to ask for a solid discount- if gross margin on sales is 64% then that's a 200% mark up on cost. Even if you ask for 50% off the ticket price they still make 50% profit. I'll remember that when Mrs Dup gets angry about not seeing Casey Chambers in January. Might need to make an emergency dash to Warringah