So my guess is that Underlying EPS for FY 16 should be 9c at...

So my guess is that Underlying EPS for FY 16 should be 9c at best which means we are currently trading around a PE of 16 which is pretty well in line with the rest of the sector (current share price is about right). I base my calculations on the following:

FY15 Underlying NPAT 32.3 MIL
FY15 Underlying EPS 13.4 cps
1 H FY16 Underlying NPAT 9.4
1HFY16 Underlying EPS 3.85c
FY16 Guidance for Underlying NPAT is 20 to 22m

So the questions I have are:

What was the total amout ERM received for the sale of the shareholding of EGO? My calculation is around 7.8 mil based on EGO current market cap of 42 mil x 18.72% (ERM Shareholding)

Why was it sold?

How will this sale impact FY 16 results?

Forgive me if I have missed something. Any help will be appreciated.