re: when are results due If WHE is $3 in 2 years time the mkt cap will be over $250m. This assumes that no more capital will be raised within this time period which I think is highly unlikely. In any case it is still an interesting prospect with good management, business model and high profile backers.
However, I seem to differ to others on this thread who don't include the shares in escrow in calculating the mkt. cap. I realise that the asx and other exchanges follow a similar treatment, but this is primarily as they are concerned with the free float. In calculating eps on other companies (where it is relevant) I would also look at any shares in escrow. At present including these shares the mkt cap is closer to $90m. If others, such as Macrae, would care to comment on this it would be much appreciated as I am thinking of taking a holding.
Cheers
SBC
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