s - Fl filing <https://www.sec.gov/Archives/edga=/data/1639920/000119312518063434/d494294dfl.htm#rom494294_18> now publicly ava=lable 2017 Revs: $=B & Positive FCF $133M — 5-6x trailing revs certainly possible= implying $25B+ valuation (In our SOTP for Vivendi we ha=e music at 4x sales or €24bn) Ordinary Shares