Ann: Notice of Extraordinary General Meeting, page-89

I don't think he's replying to me. Anyway, I think a post IPO MC of 200 million US is feasible given the exponential growth in revenue the company is experiencing (roughly 6 mil US a year last year and the possibility of 40-60 mil US next year). I was kind of assuming that they would use ASX MC when deciding if the listing standards are met, but maybe they use the proposed IPO MC to decide if the standard is met. Anyway, I'm feeling more confident than ever that we will list at $4 a share. As others have pointed out, that means the ASX shares alone would amount to a MC of 180 million US. Add 20 million for the US investors and you've got 200 million. I tend to think that US investors will want a bigger slice of the company though, so maybe an even higher MC. With the segment booming, there should be plenty of interest. Just wish we could list now, as a few months can make all the difference.