Ann: Settlements of Childcare Centre Acquisitions, page-3

If TNK can meet their prospectus and acquisition earnings targets ($4.3m and about half of 700k) TNK will be trading at about 8 PE with a 11% FF Dividend.

Even more importantly they would have proven their credibility, business model and ability to scale it.

My doubts on earnings have surrounded their higher fees and effect on occupancy, which only grew from their H1 presentation.

But if they can meet the challenge of doing everything they aimed to do, I'll be happy to be wrong and a new shareholder.