Amongst the disappointing result (which was expected) there are some positives for me.... not least of all the $700m quote book. Hold on for a lumpy ride but if they convert 30% into orders (usual conversion rate according to management)over the next 24 months then the share price will head north above $6 in my opinion. Also, Henderson is not fully utilized and running efficiently. Once it isthis will improve magins and therefore profit.