60 cents, page-11

I don't think there is any confusion on the year. It will be achieved within the 2007 calendar year .... Doesn't matter really as it was a further cue to buy on the day which I did.

What is exciting about this is that EVZ only ever said they intended to grow to $100m revenue in the "medium term".

They never placed a timetable on it but Gordon has now indicated it will be this year. The market has a timetable & they like it.

More later on this timetable.

Depends on how we all interpret things but between you, Fringe & I - his comments and a statement contain small messages to us savvy investors. I'll share two with you:

1) Previous statements and comments have said their acquisition transaction size (one of the acquisition criteria) is $3m - 15m.

I now refer you to the most recent market sensitive announcement on 1 May. In this statement there is a revised future acquisition transaction size (criteria) of up to $25m.

2) Stating clearly in a board room radio interview that they will achieve the $100m revenue target "well before the end of 2007" - Gordon's words.


This was taken by me to mean that their revenue across all business divisions will be significantly up (which is expected), but more importantly that the next acquisition will be a bigg`en. "Up to $25m".

Keep in mind National Engineering was only a $4.95m transcation. The next acquisition will be big and I fully expect a sspp for us EVZ worshippers.

After just rereading what I have I typed I think I better buy some more.