I'm curious to see if anyone has talked to tox in the last couple of days as i and assume a lot of others are curious to know the reason behind the share price increase.
I know the stock was due for a re-rating by the market but refuse to believe that is the only reason.
There could be numerous reasons such as expansion plans or large contracts or maybe even a takeover ......
Anyone of these could cause the share price to rise further to the round figure of say 10c which would still undervalue the company considerably.
I believe there to be little downside even at these levels and huge upside!
Risk/reward still very very attractive specially for the options as if it were to run to 10c the oppies would be 7c (100% increase)
Must still be one of the best value stocks on the ASX.
goodluck and fortune
I'm curious to see if anyone has talked to tox in the last...
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