TOX tox free solutions limited

still the cheapest stock on the asx, pe ratio of 3

  1. 1,602 Posts.
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    Expected to make a 4-5 million profit this financial year with the potential to make 8-10 mill next financial year after plant upgrades!

    With a market capitalisation(undiluted) of 17 million,
    that equates to a price earnings ratio of 3.5 this year and at least 2 next year.

    These figures are not unrealistic with a small to medium risk profile.

    Is there a cheaper stock on the market?
    Or has there ever been a cheaper stock on the market?

    I have never seen a stock this cheaply priced.

    I don't understand why it is so cheaply priced, so i am assuming it is from past sentiment on this stock (very negative) but this will change with time.

    I truly believe this is the best and strongest buy in the market now and in my 15 years of trading/investing.

    good luck and fortune!
 
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