on the move, page-5

TOX looks really healthy on the charts, a break above 3.3 cents projects the stock to 5.5 cents and may possibly overshoot that point. At these levels the business is worth around A$20M. and still IMHO very cheap based on my reading of the financials and recent ASX Press Releases. This one is a classic turnaround story involving all three company divisions.

My sense is that we may see 10-15 cents on this stock within twelve months. The 3 cent oppies have excellent leverage IF my reading of the facts is reasonable. Someone certainly has been soaking up the stock and the recent placement at 1 cent did not result in a massive pump and dump so I remain very optimistic here.