The Sweden presentation targets 70.4M fd shares at the end of 2012. That's as good a guess as any. I expect that he will continue to keep share growth low while increasing eps and nta/share.
I hope there are no more equity raises, unless the price approaches nta.
$.80 is just my guess, as I think that some of the initiatives and growth will be slower than anticipated, as it almost always has been.
Of course, we haven't even seen 2011 Q4, and there's plenty of time to refine 2012 performance, as we get into it. Would like to see a solid contract for a couple more fish farms to commence construction right away.