getover the takeover, page-9

I think one just needs to look at the last announcement regarding Idaptive in NZ, a multi-year contract that will deliver more than $1.5mill.

So breaking it down a little further lets say multi-year is two years, that's $750,000 a year, if it's three years its around $500,000.

Not much unfortunately, they really need to be making one of these deals a month.

With ever decreasing Receipts from customers over the last few quarters I think 60c is a best case offer as it values the company at around $15mill and it may well only be worth $10mill due to the current rate of falling Receipts from customers.