50% of the Petronas deal, $2M, is the license fee which will be received in this financial year. As it is a license fee it should in effect flow through to the bottom line, therefore there is the potential for this years NP to be approximately $4M, with cash in the bank of $6M plus.
This puts it on very low multiples for 08 of about 10 times, as a growth stock the potential for a re-rating is there.
