Read between the lines, page-6

Opportunity knocks you say. If we go by Little Ts 430,000 BGL funds and Classes 120,000 as reported last week there's no more funds out there haha.

I'd say BGL had around 160,000 on their desktop and have managed to get say a couple of thousand on to their 360 which is their future model. Now taking into consideration the desktop solution pretty much won't support the new ATO lodgement requirement post Match 17 I'd say we could knock off three end numbers from the $1.5 BIL valuation that Little T presents. That brings us back to $1.5 MIL and some in the know may believe this is being kind.