before christmas 20c?, page-10

TOX's current market cap is still a relatively small $50m. Cheap in any predator's books. I haven't worked out what their NTA backing is. But if someone was to buy TOX today it would give them an annual return of 6% with plenty of room for growth. Company has virtually no debt and is starting to build their cash position. The $3m injection from TOXO will be a bonus.

My gut feel tells me someone will make a play before the market cap gets too large (i.e. before they have to pay too much for it). Just speculating