17 mill profit for 5 mill investment property, page-10

The average analyst forecast eps for the 09 FY is 9.2c.

There are only two companies supplying forecasts, Pattersons with 14c and Sourthern Cross with 4.4c .

A old Pattersons report is available on the Axiom web site at:
http://www.axiompl.com.au/pdfs_downloads/AXI%20FY07%20Result.pdf

The wide spread of forecasts illustrates the difficulty valuing this company. The recent review results still gives very little insight into future financials. However they currently look very cheap even when judged by the lowest analyst forecast.