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AlexAndrews - Wed, 29 Dec 04 :

AA, that is the point you cannot give a valuation of this business at this point in time. Evaluating the market cap at 4 million is just a laughable as 100 million so you should know better [edit: what does that mean?!?!?]. In my mind there is no problem in deramping a share if you have figures to back up your position, just to say .001p soon etc etc. OK fine show us the calculations please.


easytimes,

OK, to start with, I was just trying to put nicknamesrsilly's forecast share price of 6p by end of 2005 into some sort of perspective financially (the calculations are elementary stuff - do you REALLY need me to show them to you???).

Secondly, I have not made any predictions about the share price one way or another.

Thirdly, if I have made any factually inaccurate statements in any of my posts on this thread (a la deramping), please feel free to point them out.

And finally, I would just like to say I've not heard crap like "you cannot give a valuation of this business at this point in time" (I presume you are not implying it is without value?) since the good old days of 1999-2000. Then again, it is the time of year for nostalgia.

Alex


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