tracking nicely, page-3

murdoch and g hart Company is forecasting 100k subscribers within 2 years as of June this year. Based on their forecasts provided at the last result 100k subscribers would generate EBIT of $5.4m which means on a 2 year forecast the stock is trading at around 1.2x EBIT. Once they hit 20k subs plus the stock will start to rocket. Just my view but I am also interested in Graham Hart and Murdoch getting together to create an Aussie Media Empire....Now that Lachlans restraint of trade is over and he owns 12.8% of QFX