tox will see some major action soon TOX are usually one of the frontrunners when it comes to the release of the quarterly. They normally release it mid-month.
Given the extremely low volume of late, it looks unlikely that the report will be released in the next few days.
Should be a very solid quarterly. Im sure we will see a profit forecast very soon after. Last year it was released on 24th August. For those who remember the release of the profit forecast last year, 5c was the resistance back then and was smashed as soon as the forecast was released. I believe 15c will be smashed this time with the release of the upcoming profit forecast.
I would be expecting a very favourable profit forecast for the 06/07 year. With two new acquisitions and the first full year of Delvex to contribute to the bottom line, and continued strong organic growth, we should be a material increase on $4.8m EBITDA. Hopefully there will be some info in relation to the development of Karratha which was mentioned in last year's presentation.
The next month or so I believe TOX will be the centre of attention like it was last year. It is extremely close to its next major leg up.
Cheers
tox will see some major action soon TOX are usually one of the...
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