GarryBased on the back of the envelope analysis the 3.2c target...

Garry

Based on the back of the envelope analysis the 3.2c target (20mil mid pointed market cap) will slowly be recognised by the market as the sales are reported.

It is important to remember that as we can see by the quarterlies )released), sales for Beam can be lumpy. Therefore annualised sales plus 20% growth is what we are working towareds. As each month/quarter goes by we must "tick" off the sales to our "checklist" (sale expectations).

I am hopeful that the company will release market sensitive sale/s to market. The real question is what is considered as market sensitive for shareholders(as per ASX guidelines) without detailing sensitive information to your clients (which can/will affect your clients). I would say sales in excess of 5-10%.

I appreciate that this is not answering your question clearly, though no straight forward answer exists. I wish I could say 3.2c by November ... that is not how it works. What I do know is that at current market price 2.5c would be closer to fair value (this allows for sufficient discount until sales are made/announced).

Hope this helps.

Cheers

Clever1