23% profit upgrade at EBIT level - from last upgrade of $17m to mid point $21m.

Upgrades come in a series so plenty more in the year ahead.

STU is like my holding in PGW which I progressively built up over the last 2 years - takes the market a while to wake up that STU (just like PGW) is a different company from the one which blundered badly over the last few years.

Happy to add on a few more if price stays around current levels.