As I mentioned previously, Bruce Teele seemed very upbeat about TOX at the last Amcil investor presentation I attended, and he saw it as a real opportunity for the fund to get set around the $1.50 mark.
I topped up recently at around $1.55, so as you could guess, am more than happy with the stock.
If you ever get the opportunity to attend one of these presentations (or AFIC, Djirawah, Mirrabooka - same management team), its certainly worthwhile, as they discuss their investments, and why they like them. In the case of TOX, it was the potential for east coast expansion, which is now clearly happening.
As I mentioned previously, Bruce Teele seemed very upbeat about...
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