going long, page-28

I have no idea where the share price will 'settle', this will depend on the popularity of Mr Market.

I can state that based on current information the 'value' is around $0.9-$1.20 per share.

HOWEVER,
I think their profit will under perform over the next few years because:
(a) brand damage from cootes
(b) extra resources being devoted to cootes
(c) slow down in the resource sector.

So the final 'value' will be south of the above figures, but much higher than current market price.

So I have my margin of safety.