My Ci1 Valuation, page-6

Points for effort but I'll point out a few major flaws:

1. Core business cash flows have not grown over the time period that we have data for, so why would you expect growth in the future?
2. Dilution growth is pretty optimistic... there has been massive dilution and no reason to think that it will not continue
3. Who knows what kind of "consulting fees", performance shares, suspect acquisitions or whatever Jimmie will suddenly take in the future
4. Most importantly: Evidence suggests (IMO) that this company is just a set up to extract funds from naïve investors and deposit straight into the inner circle's pockets. The whole point of listing in OZ is to access Australian capital, not to share profits with retail investors

All IMO etc. not financial advice