Abobo, Please explain the mathematics? Clearly I forgot to take into account the next 2 quarters are on current production. Assuming you aren't being pedantic, and you actually give a rip as to the message behind the figures, I'll fix up my figures.
So for 09/10 year, 15 mil for each of first 2 quarters, and 26.5 mil for each of 3rd/4th quarter = 83 mil over next year = 127.5 mil royalties @ $22 selling price.
By the way Abobo, I think you are the last person who can comment on maths.
"Can you elaborate on your statement? No of shares is approx 175 million. Earnings you stated: 53.6 cents = $93.8million = 55 million courses (Using the UK order 1 course = $1.70 per course)"
You want to pick on my logic, how bout you justify how 55 million courses will translate into 53.6 cents per share?
BTA Price at posting:
$1.88 Sentiment: LT Buy Disclosure: Held