lets have some fun , page-20

If TOX exceed expectations and say, earn net of 4mill in 2006 with say 450 mill shares on issue and say 6 mill in 2007 with say 500 mill shares.
2006:
EPS = 0.9 cps,
PE 15 = 13.5 CPS Share price
PE 20 = 18 cents SP

2007:
EPS = 1.2CPC
PE 15 = 18cps SP
PE 20 = 24 CPS

Do own calcs and research - this is very rubbery.
Based on Cunningham Brokers shares on issue for 06 and 07 - This Could/will vary? Assumes will exceed current year forecasts and 2007 Cunningham forecasts by a fair wack - they appear conservative.
Assumes a PE of between 15 and 20 applies.
Do your own calcs. These are based on profits exceeding forecasts by a fair bit.
If this happens then current SP is at the lower end of valuations.
Of course if something goes wrong then hmmm??
TA wise it looks toppy and may retrace shortly to regain strenght for the next move.