structuring for growth, page-4

I have had ciy since the float and also have a few rcd. ciy can increase earnings without needing large amounts of capital as they are just taking a margin off their FUM. Once rcd is fully invested they need to raise more capital to fund further investments, but this involves issuing more shares. In summary rcd is good but ciy is brilliant!
I am forecasting EPS for ciy in 04/05 of 58ps ($66m). This eps assumes all options are exercised.
cheers