where are we?, page-10

2009 will be a loss of between $1.5m - $2.0m, implying a second half of roughly breakeven to a small loss, that is already baked in IMO.

If as the company states, the media division can grow revenues faster than costs in FY11 and with the continued growth in Searchworld, NPAT could be in the range of $3 -$4m putting the valuation in excess of $0.50c. However that is all very speculative at the moment and assumes no acquisitions or dividends.