there is no way the small fund managers have picked enough stock. they are waiting in the wings for price weakness to pick some up. David at tox is very confident these small fund managers are in this company for the long term and want a piece of the action. tox will make a profit between 3-5million next year and this puts them at current prices on fully diluted PE of 5.3 at 3million and 3.2 for 5 million.
This calculation also assumes all options are converted into stock. This will generate 3million in cash. Enough for any plant upgrades. This stock WILL trade at a multiple of between 8-12 in future years. Do the maths, it is a sticking buy.
cheers
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