Roundtable - sorry if I misunderstood you calculation. I think...

Roundtable - sorry if I misunderstood you calculation. I think your $A500 million revenue is OK. The issue becomes the margin. To get to 30c eps from $3.46 revenue, the margin is only 8.5%. I think they will do better than that. So I agree with you that once they can demonstrate they can deliver, the share price is likely to go up. At $1.50 per share, market cap is $231 million - still less than the value placed on plant and equipment.