what's happening?, page-5

Aximoax, I agree its a great opportunity. Not without risks however. Presuming recently forshadowed regulatory change doesnt have a material adverse effect on earnings; that the new revenue share model isnt paying too much to the doctors and that VEI can renegotiate the debt out into non-current and on better terms I think we will see this re-rate. We should get a clearer picture on these matters when the company reports in August. If they dont cap raise and keep ticking off the debt at lower rates, I think EPS in FY13 of anywhere between 10 and 12cps is not out of the question. I think in the next 12 months, assuming above downside risks dont eventuate I think the market will pay a PER of 6 to 7 so you are looking at potentially 60 to 85 cents is possible, with considerable further upside potential. I am loaded up on VEI already and want more but think I will wait to see the full year report.