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asleep at the wheel, page-8

  1. 5,800 Posts.
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    FBloggs - thanks for the reply. All very good points, and I am very aware of being patient. In fact, I've had my TOX shares for over two and a half years now, so patience with these is something I'm accustomed to.

    My concern is that the share price is starting to roll over the top on the chart, and volumes have dried right up. This is for a stock that was the market darling only 12 months ago. I know this is the usual cycle of things, and I spoke to SG from TOX by phone this morning. It's steady as she goes, with the 6-monthly report around the corner, as you point out. But I gather nothing startling is on the horizon - which may be a good thing - but which may not put the spark back into the TOX share price.

    Dividends are unlikely before at least 2008, and with the SP drifting, I have to consider my options as to where my money will be working hardest for me. I am in the aggressive capital growth phase with my Super Fund portfolio, and need to maximise the gains in the next year or two before converting to more conservative, income-producing stocks on which I can then retire.

    For now, I'm holding tight, and will wait to see what the 6-monthly holds in store.

 
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