kawartha , page-8

G'day amohonour

Bear with me -

I bought lots of Senetas shares in the early days (6c) because firstly I felt they were undervalued and also I found management to be honest and conservative.
They eventually went to 30c where they sat for 9 months and I knew they were worth 60c.
I watched them every day knowing they were undervalued for 9 months then bang - 60c then 96c
I sold all my Senetas shares at an average of 70c +
as I felt they were no longer undervalued and management were losing the plot.

So where does TOX fit into this?
We are at that stage where we all know TOX are worth much more than their current price and I believe patience will be rewarded.

Why?
1) TOX management are also very conservative - every profit forecast is being exceeded
2) We have Gumbles
3) Wilsons valuation 18c
4) I have personally met management and could not have been more impressed with their demeanour towards shareholders
5) Buyers coming in as I type : now 12c

All the best and remember : There are many rich investor but very few rich traders

kawartha