re: not perplexing - valuations.. There must be someone in this that has millions and millions and millions of shares to sell. this one has been constantly sold down for god knows how long.
going on 2 million NET profit a year.
$2,000,000/400,000,000 (approx shares on issue)
= .005
P/E of 10 gives you 5cps valuation. Naturally you'd use a higher p/e on a growth story like this.
On fundamentals this would have to be the most undervalued spec on the ASX, but for some reason there's someone with a lot of shares to dump.
- Forums
- ASX - By Stock
- TOX
- perplexing
perplexing, page-3
-
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TOX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online