++ data and comment ++ update, page-76

re: ++ agm--md's address ++ again in response to a question from the floor Rodd Sala stated that $6,500,000 was a conservative annualised return to be anticipated from the handfull of deals approaching consummation.He also said that the Barcelona screen was worth in the order of $800,000 p.a.after establishment costs were paid back to the JV partnership.My personal extrapolation equates this to 8 screens producing the $6.5 million.as the figure of up to 50 for Europe has been bandied on a number of occasions including today one would think a final income of $39,000,000 per annum for Europe was a fair forecast.If this doesn't convince you to top up now I don't know what will.

Cheers

Rocknocker

I am a long term holder