value, page-8

At the current SP any way you work it out gives good value at the moment.
Share issues = acquisitions which = increase in revenue. So your rev estimates may well be ball park.
$50 - $60 mill for vessels this year will see a big hike in revenue alone.
Share issues will ultimately hold the SP back a little. We already have more on issue than Worley Parsons. We will therefore need big revenue hikes and EPS to get the SP up to lofty levels. That is why i am hoping the positive cash flow generated this current half and going forward will subsidise a fair portion of growth,.