No doubt Wini will elucidate us at some point on today's announcement, but at first glance it looks a winner to me. Sensible upfront earnings multiple paid, and little dilution as well, being mostly paid from cash reserves. I thought that the divi payout seemed a little restrained at 2c this year to be honest, so this almost certainly accounts for why it wasn't bigger. 

Fairly ambitious targets to meet the buyout call option too, which seems to ensure that the total price for 100% of the business sits somewhere around... maybe 2-3x FY24 EBIT? Not a bad price for a profitable business that management are pegging to grow rapidly in the next few years. Hopefully some cross sell opportunitiues in there too.