One more thing - $7M profit (cant rememeber if this is EBIT or Net Profit) on now 817M shares would be about 0.8c per share. Assuming PE of 10 (why not) that would value us at an upper range of 8c a share, before the 60t kpa.
FG
Ann: Placement of Shares 28 August 2009 , page-20
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