story in the herald, page-6

let me see now -

11x 800,000 = $9,600,000
tax 3,000,000

profit $6,600,000


present market cap = approx $25m (after conversion of options) . ps, i have not doubled checked this figure.

given all sorts of uncertainties, the present market cap, is probably fair, but as orders are confirmed, then i suppose there would need to be a rerating.

IF and a big IF, this starts to happen, then my guess would be $1 in one years time. still, it is a long way to go

happy punting all lumacom holders