TOX has gone a bit quiet of late so just wondering if Gumbles...

TOX has gone a bit quiet of late so just wondering if Gumbles and others would like to take a shot at the 4th quarter forecast

From the 3rd Quarter :
• EBITDA for Quarter $1,374,725
• Cash Balance $4,180,000
Please find attached the appendix 4C showing a cash balance at 31 March 2006 of $4,180,000.
This cash balance does not include $450,000 which was due from customers during the March quarter, which was not received until April 2006. The balance is also after $1,131,000 of capital expenditure for the year to date.

Receipts from customers 4,695

Payments for (a) staff costs -562
(b) advertising and marketing
(c) research and development
(d) leased assets -13
(e) other working capital -2,429

Net operating cash flows 1,650 (impressive)

If other working capital is lower this quarter then profits should be much higher

Have a shot fellow TOXic holders and also a shareprice forecast at end of year if you are game ( I have always thought around 18-20c with a dividend in March 07)

Cheers

kawartha