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Re: [sharechat] RMG

From:	"ahf" <ahf@clear.net.nz>
Date:	Wed, 2 May 2001 21:10:05 +1200

I would say yes this price is justified and I have as short-term target of 30c. This result signifies a potential annual profit of 1c per share which should have the share price way higher than where it is now. I can see RMG at around 60c by year end (easily?). Furthermore we could expect further improvement in their business efficiency as time goes on with better margin and profit performance over what was achieved in this last quarter. If you feel like a punt go for the options (you can still buy them at 1c in Aussie).

Regards

Andrew.

Disc. I hold RMGOA

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