$3-$5 when analyst's recalculate estimates, page-2

I agree..

From that report..

Relenza Volumes (m)
2009E 26.1
2010E 18.7
2011E 19.8

Relenza Royalties (A$m)
2009E 45.6
2010E 32.8
2011E 34.6

EBITDA
2009E 39.7
2010E 33.5
2011E 21.9

Adj. NPAT
2009E 37.4
2010E 27.9
2011E 18.2

Adj. EPS (c)
2009E 21.4
2010E 16.0
2011E 10.5

Well, they got the Relenza 2009 royalties right on! But they will have to at the very least double if not triple (or more.. lots will flow in 2011) their 2010 estimates and beyond..

Exciting times.. hold on for the ride.. Duncan Cornish in communication with me stated that they expect the LANI results in within the month.

Cheers
A.