TOX 0.00% $2.84 tox free solutions limited

cheapest stock on asx,pe ratio of 2!!!!!!!!!!!!!!!

  1. 1,524 Posts.
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    will do further research in coming days.

    but this is the opportunity of the year by the looks of it.
    has a PE ratio of 2 based on a probable profit of 4 mil. next financial year.

    has little debt, huge growth prospects and little to no downside.

    the reason i believe it is so cheap is that the capital raising last year at 1cent (which ended up being taken up by only a few large holders as there was a shortfall)
    is now being unloaded at a 100% profit.

    after this has finished, it should run up to 5-6c by year end which will still only equate to a PE ratio of 5!

    dirt cheap.

    strong buy in my opinion.

    good luck
 
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