Depending on the average fee that Customers will charge ($1.50 -...

Depending on the average fee that Customers will charge ($1.50 - $2) and using the 2008 interim results as a base, I estimate that Customers' share price will be around 0.20 - 0.45 based on PE of 12 on 2010 profits.

Versus the current share price of 0.08, there is potential for 150% - over 400% capital growth.

The major risk is if surcharging does not go ahead but that is probably unlikely....