I just doubled the six months profit to give 12 month profit of $2.7mil and with 99.96mil shares EPS .027 with share price of 35cents PE of 12.9 which I expect is too high.We will have to see earnings growth rate to make a better judgement on share price.That said, I cannot help but feel Merton and Bagnall are well worth watching.$34.99 mil would buy you Smiths City and Postie Plus with $3.64mil left over.I do not think we should go "rashers" on the "pig in poke" just yet!!!