TOX tox free solutions limited

re:consolidation 1 to 8, page-5

  1. 10,614 Posts.
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    "I rekon sp will go up about, approx, exactly 8 times. anyone want to bet"

    Yes, I want to bet.
    Two things will happen, one good, one bad.
    The good, is that by reducing the number of shares and initially increasing the price 8 times, TOX will start to be looked at as a semi-serious industrial company by those funds which specialise in small- to mid-caps. Up to now trading has been dominated by the same people who trade mining exploration companies, because they are 'cheap'. (why by one share of RIO for $80 when you can by 800 shares of TOX ... hehehe)

    The bad thing is that TOX will be exposed as relatively expensive at the moment, with a market cap of over $60 million. TOX aint worth $60 million. Therefore the price of the new shares will fall after the consolidation.

    If I held TOX, I would sell now and buy 3 months after the consolidation
 
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