ignore inky. ive just read through his latest posts. has no idea. One of the only people to criticise BTA too. Funny that.
Anyway cr8 really looking forward to the prelim report. It has been a tremendous turnaround story thus far. Years of consecutive losses have been converted into a very profitable 6 months. Things are definitely on the right track. No longer do we need to be concerend with TOX having going concern issues. The battle to survive is over. That is always the hardest hurdle to overcome. Once survival is guaranteed, growth prospects become much easier.
Im not going to go into another pe ratio analysis as we all know that TOX is on course for a $3mil profit in 05/06 and is trading at a significant discount. There are so many dogs out there that have no profits or have experienced less growth prospects than TOX that have a much mkt cap than TOX.
I used the example of JUM not long ago, who have experienced less profits and less growth than TOX over the last few years, trading at a much higher pe ratio.
Anyway TOX will be revalued very shortly by themarket. Probably one of the safest long term investments on the market.
Cheers
TOX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
