what is she worth

firstly - I am very interested in the NW USA manufacturing plant - if anyone can elaborate on that.. would be much appreciated!!


OK - I had to do it.. was going to leave it and go to bed.. but I just had to!

I said I'd re-do my calcs after the meeting anyway.. I will use 'real/conservative' figures in this calc.

And 65% gross margin =) gotta be happy with that! We were assuming 35% gross margin before !

OK here she comes:

40,000 courses sold by FY09
US$650 per course
250m shares
PE of 20

40,000 x 650 = $26m net profit before tax
26m / 250m shares = 10.4c x 15 = $2.08 per share from Ropren sales ALONE.

BIO A sales to have a substantial impact on the bottom line also.

PE of 20? I would dare say by this time next year we'll have a higher PE.. but we'll stick to this for conservatism sake.

Gosh. Please dont say I'm a ramper. These sales are GOING TO HAPPEN !! Scutinise as much as you like =) While BioA sales are happening in the background =) =) alright time to hit the sack!