formula should be LOM (38) + 1/2 LOMO (7.5) = 45.5
that's about 3.5 about current (pre ML) true value
will soon be LOM (35) + 1/2 LOMO (7) = 42 (current true value)
ps still waiting on my 37c buy back, not achieved yet but will happen soon since no ML for 'a while' yet and plenty more opportunities ahead as SP will deliver...
the big question is where SP will be after ML, a lot less than we are expecting I fear, probably about 49
Ann. Due, page-5
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