so mt where is your sum that converts cashflows to projected...

so mt where is your sum that converts cashflows to projected share price, just do that one separately.......... and why bring the net assets into it at all then ???? ...... you do a calculation of net assets divided by the number of shares to get a price of $1.27 - that's working of net assets , isn't ??

is it just coincidence that the net assets you state is close to the same figure commsec's 2015 figure for total net assets(shareholder equity) - $170.7m. ????