finallly..., page-10

Great comments d_ricardo. Microequities, Linwar and yourself all seem to be in agreeance of an eps of 2.8 to 3.2 cents.
I've thought about the Clever holders and they didn't originally make the decision to invest in BGL - they ended with a BGL holding after the takeover and given the BGL share has not really moved they may be getting impatient. There's also script floating around from the Wizz, Startech and Access Plus that owners may be cashing in. Some 68 million shares have been issued since Dec 2010. Av volume over last four months has been 3.8 million for a total of 15 million shares. I would expect at least another 15 million shares are waiting to be sold just by CVA holders + owners. So here's the issue - we as current informed holders know the future value of BGL and 2012 is a company changing year in terms of revenue and profitability. However for the SP to rise three things need to happen 1) CVA overhang needs to be soaked up 2)2012 story needs to be told to the investment community 3) dividend needs to be declared for 2nd half 2012. Once BGL makes it over the $50M market capitalization a whole new crop of fund managers will become interested in the story. From my limited research <$50M PE generally ranges from 4 - 8. $50M > $100M PE's can range from 7 > 11. I wouldn't be surprised if BGL makes another aquistion in the MIS market given they have only 30% of the market but are the market leader. 20,000 accounts now in this market. My point is if BGL can make it to a $50M market cap by growing organically and by aquistion then it's going to get a lot easier for all of us !