TOX tox free solutions limited
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"Looks like it will break 15, then gets sold down. Now at 14....

  1. ClarkKent
    10,614 Posts.
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    30/08/06
    14:30
    Post #: 1765587
    "Looks like it will break 15, then gets sold down. Now at 14. Please explain.. "


    Because at 15c TOX is valued at $80 million or 16 times trailing EBITDA.
    No smart investor pays those sort of multiples.
    Even Brambles sold Cleanaway for less than that, and everyone said that Brambles got a fantastic price.


    TOX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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