another day another valuation upgrade!, page-17

Hi,

Fully support your post. The share should be minimum $4/share at present and will likely be $4.50 + when full year and 2012 predictions are out. M2's price tends to settle round PE 15 on future 6 - 12 month earnings and confirmation of milestones being achieved. For some reason the market continues to be judgemental rather than believe and price accordingly. One day that may well change or some other company will swallow M2!

SD