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Ann: Investor Presentation, page-17

  1. 475 Posts.
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    I presume you were talking about Karl Redenbach (if it wasPeter Nguyen-Brown then the share price would need to be a bit higher as he hasless shares than Karl). I just ran the numbers and for Karl to be a billionaire(if only on paper) then the share price needs to get to $9 (he has 110.6mshares from my calculations). Based on some of the numbers mentioned in thismorning’s teleconference around potential global customers for LVT’s products,I actually think that a share price in that order is a relatively straightforward proposition, notwithstanding that it will take several years. This companyhas by far the biggest target market of any tech stock in Australia in myopinion. The comment from this morning was that the target market is any companyor government body/organisation globally with at least 100-200 employees (anyless than that and the importance of a decent intranet service is reduced) thatuses Microsoft cloud products (Azure or Sharepoint). They have around 900customers at the moment and the potential target market is over 300,000. You dothe maths!!

 
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