Tox reported 7.6m NPAT, 83m shares on issue(fully diluted), 0.092 EPS @ 2.10 puts them on a PE of 22.8.
IF they increase NPAT to 12m next year they are still on a PE of 14.
Rough numbers but that is the rationale behind my taking profits. I DO think they are well placed business wise - just a bit pricey. Happy to hear counter-argument based on numbers not hope.
Tox reported 7.6m NPAT, 83m shares on issue(fully diluted),...
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