chunky trades, page-22

re: up tomorrow...??? Useless information...

More shares traded in the first 1 minute today than any other full day in the company's entire history...other than the re-listing day.

More shares traded at 31.5c than any other level today.

The highest price the company's shares have ever reached is 40c

Today's VWAP is 27.85c

Issued capital:

Shares: 75,910,344 (2,309,824 in escrow)
Options: 2,507,775 (unlisted - various ex prices)
SPP issue: 2,100,000 (approximately)

Fully diluted: 80,418,109 shares

Cash from options = $435K
Cash from SPP = $443K
Cash at bank (31/12/05) = $1.2m

Current market cap (fully diluted - 28c) = $22.5m
Cash backing per share = 2.6c

Profits December quarter = $300K...impacted by once-off redundancy payouts.

December quarter receipts hit $5m for first time...growth in overseas operations the main reason.

Assuming $500K profit per quarter, we get an an eps of 2.5cps...

PEx10 = 25c
PEx15 = 37.5c
PEx20 = 50c

Exponentially growing market...should be able to carry higher PE values.

International presence, plenty of exposure in some of the worlds largest renewable energy aware markets.

Positive news due regarding support from a substantial financial institution...particularly in relation to enabling client purchases of SOO products via "innovative" financing packages.

SOO looking to expand through acquisition this year...they are currently looking at some seven targets, at least three of which are expected to be acquired over the next 3-9 months.

By years end, they are aiming at lifting incomes to between $50-$80m anually. (currently $18m...last year $10m)

Cheers!