Interesting thoughts,but sometimes we read too much into a low...

Interesting thoughts,
but sometimes we read too much into a low shareprice.In response to your points i add my own thoughts,


1 As of 2 weeks ago the purchase was still on track according to the investor relations guy at PMS, i would have thought that we would have found out by now if dd found any major problems with the purchase.
2 Why would they want to issue new shares with the sp at year lows, they are saying that they {and the banks} are happy to finance the deal rather than issue cheap equity.
3 I belive tox already had a look at dmx and were happy that they dodged a bullet on that one,also with tpi on the register it would be hard to get a deal across the line, can not imagine tpi want to do a competitor any favours, remember tpi payed a lot more for the shares than the current price.
4 The current price is a reflection of the small cap market at the moment, tox is hardly on its own in this regard, but on friday we had another fund put up a substantial notice,
As for tpi taking over tox, i certainly do not want tpi paper, i dont believe the tox board would sell for anything near these prices, and i am certain that the instos would not, they are all in at north of 2.00 a share.
Its a waiting game but i think that the next set of figures and forward comment is crucial to the future sp, i might be wrong but on friday when the depth looked terrible there was some stepping up of the buyers, be interesting to see what happens tomorrow