re: not perplexing - trading's Tox is in a very similar position to what Senetas (SEN) was 6 - 8 months ago.
It was sitting on 6c per share and people were wondering why, it also had become profitable after years of deciding to do what it does best - just like TOX.
So I just kept buying Sen, went to the AGM and just sat back and waited for the ship to come in - which it did shortly after running up to 42c ( too hard ) now back at 24c.
Management will be relying on the TOX options to be exercised in January to pay for the equipment upgrade 100,000,000 x 3c = $3 million cold hard cash
I have taken a rather large position in TOX and happy to sit and wait and will head over to Perth for the AGM in October
Cheers
Kawartha
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