GSL Broker Research, page-14

So thats only about 7% of holders not including the directors who are participating. Doesnt seem an impossible mountain to climb. If we do earn 4m in 18 months from the two 20 mw plants ( not to mention other developments) on a pe of 30 we ahould see the sp at least 100% above todays level. I suggest any investor looking at a 100% over 18 months or so would be pleased. The chart has made a double bottom and I hope we dont visit 18 cents area again. Ever. The chart is looking like its getting set up for a move. Business developments in the next 12 months will be the catalyst for a sp rerating. Im not participating only because I dont have the spare cash. Good luck holders.