Ann: Trading Halt, page-265

To be honest I was brooding on the same line there. So, I went ahead and did my own little analysis and came up with some figures for some Sunday fun. The figures below might be completely out of mark and everyone reading here or judging should do their own analysis. Its by no means a financial guidance or advice.

Assuming its a licensing deal with complex semiconductor to provide plugin to their iCharger device, I went through the chinese wholesale website which sells icharger devices and the lowest priced icharger there is US $7.88. Highest priced is US $643, but I'd work with lowest one to get the minimum expectations ( if higher, then better). So, millions of units per month sold as per the announcement. I'd take this as 1 million unit sold per month for minimum expectations. That brings the sales revenue to approx US $7.88 million dollars per month which equals US $7.88 x 12 = approx US $95 million dollars per year. If xpe gets a percentage revenue of approx 17.5% as per similar Telink deal and assuming thats a standard dealing with Chinese companies, then xpe annual revenue from just this licensing deal would be .175 x $95 million dollars = US $16.62 million dollars. Then net profit after taking out taxes and costs say 40%, it will be approx US $10 million dollars annually. Now, IOT is a real growth industry with PE ratio on a conservative side to be 20, could easily be 30 or 40 too, but lets be conservative and stick to 20. Which means market cap works out to be US $10 million dollars x 20 = US $200 million dollars which on todays exchange rate with australian dollars works out to be AUD $266 million dollars. Current market cap is $50 million dollars, so its got a fair chance to be rerated to 15c when it reopens on tuesday (500% profit) . I'm just licking at these thoughts and very excited, couldnt wait for the deal to be announced and markets to reopen.

Again, just my thoughts and could be completely way off the mark. DYOR etc. GLTAH.

Cheers,
Notty.