but this is the opportunity of the year by the looks of it. has a PE ratio of 2 based on a probable profit of 4 mil. next financial year.
has little debt, huge growth prospects and little to no downside.
the reason i believe it is so cheap is that the capital raising last year at 1cent (which ended up being taken up by only a few large holders as there was a shortfall) is now being unloaded at a 100% profit.
after this has finished, it should run up to 5-6c by year end which will still only equate to a PE ratio of 5!
dirt cheap.
strong buy in my opinion.
good luck
TOX Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held