TOX tox free solutions limited
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no plant upgrade scheduled for tox, page-7

  1. this_is_it
    7,409 Posts.
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    10/08/05
    08:17
    Post #: 1073547
    'Even if profit were to remain at $3 million, (very conservative scenario) TOX should still be trading at around 6c. Current PE ratio based on share price of 4.4c would be around 7. '

    If there are no foreseeable growth prospects then what would be the reason for a PE of greater than 7? Afterall PE is the measurement of perceived growth.

    Cheers
    TOX Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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