i am new to the sharemarket "TOX be priced at what is is worth (~18c imo) "
Why would anyone in their right mind pay 18c for TOX.
That would value TOX at $90 million.
Thats a lot of money for a company which generated $177 in free cash last quarter.
For a mere $61 million (same cap as TOX) you can buy a company like PSH, which has a captive market in glass manufacturers, revenues of $132 million (TOX $6) EBITDA $20 million (TOX $5) dividend 14.7 cents - yield over 10% at current prices (TOX zilch)
Lets get serious.
Any feedback would be appreciated, as I am new to the sharemarket.
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