Market capitalisation on the 22/11: A$10.6mWTI share price on...

Market capitalisation on the 22/11: A$10.6m

WTI share price on 22/11: 22p (equiv. of A$9.6m)

Ezestream:

Rooms installed June 2005: 10,083
Rooms installed June 2006: 15,203 (up 51%)

Net Operating Cash Flows: + $133K (reached critical mass)

Target rooms installed by Nov 2006: 18,584
Actual rooms installed by Nov 2006: 21,620 (+3,036)

Target of rooms installed by June 2007: 25,500

Potential Financial returns:

25,600 rooms: EBITDA is $1.5m; EBIT is $900K
29,400 rooms: EBITDA is $2.8m; EBIT is $2.05m
32,600 rooms: EBITDA is $3.9m; EBIT is $3.5m

Market capitalisation on the 22/11 was A$10.6m with WTI holding equiv of A$9.6m.

The thing should be at least double IMO.