how is this company worth $50m?, page-4

That's all over my head! Seems like you know what you're talking about. I assess the company on it's fundamentals. way over valued given no immediate term profit/cash.

Many on here haven't much of an idea. The company has been heavily promoted in late 2009 by a broking house I wish not to name as a "once in a 10 year investment opportunity"

Thank god, Chris Morris got sucked into this one. He doesn't get everything he invests in right. I hear he's a nice guy that is like everyone else. That is, easily sold a story.

Wonder what the share price would be if he were not a major shareholder and not one of the non-execurive director?

LOL.