back to the meatworks then, page-17

nightstalker Nightstalker, you are not alone in passing TOX on to other willing hands.
I exited earlier to lock-in a good profit.
Now it is a matter of watching for a turn around and a new positive sp trend.
In the meantime TOX could very well be heading for 8.5c and then – who knows?

This is June, it is time for review of the tax position for most market players.
Clearly the 3c options exercised earlier remains as an overhang representing good profits for many.
Some will use this profit to offset losses elsewhere for a tax neutral position.

The company has a future and the sp will most likely improve at some future stage.
I don’t think the sp will jump in a huge spike.
There will be plenty of opportunities to get back onboard once the trend is changing.
Then it will just be another trade.
In the meantime keep watching.
Soon or later some news must come out.
Hopefully it is good and positive news.

Happy to be camped on the sideline ftb.