I should have looked at recent ann.s before blabbing away.
Mid Dec 2012 MNF did these sums for us. They said that they expected annualised profit after the 3 business purchases purchase would be $5.1M (or 8.3 cps)on an annualised basis and 3.9M (6.4cps) for 2012/13. Not quite as high as my back of envelope scribbling, but still very impressive.
In doing this exercise I'm also impressed with the quality of the information provided by MNF. A few other companies could take a leaf out of their book.
MNF Price at posting:
$1.30 Sentiment: Hold Disclosure: Held