Ann: Appendix 3B-MGX.AX, page-6

Well it's broken out of a very long trading range and if I am not mistaken Friday was the highest close since the Seawall collapse 19 months ago. I do think we will see 30s soon , if not by Monday then definitely by the quarterly. I think a decisive push into the 30s can be easily achieved from a variety of factors including Iron Hill approval , BI payout , acquisition or capital management.
Let's not forget that outside the 8c delivered from the Property damage payout, this quarter would have also likely seen a cash increase of around 10m (1c per share ) and a reduction in railroad contract liabilities by about 5-6m (.5c per share ) so operationally we should have seen 1.5c added to core value and 8c from payout. Last quarterly the stock rallied to 23.5 -24c before falling back to 20c range so theoretically a good quarterly should see 32-33 c on a like for like basis