Figure on 3000 courses equates to Aust $4 million a month in my book. This equals $48 million annually less costs. Assume the figures quoted at the AGM regarding net profit after tax etc of 37% I get a figure of just under 20 million dollars profit annually. This is for the 3000 courses per month figure only. This will rise to nearly triple this amount by July 2009. Please do the usual research as this is a rough calculation only based on estimates at this stage.
SLA Price at posting:
30.8¢ Sentiment: LT Buy Disclosure: Held