That was an excellent result. Far beyond my expectations. $4.7m...

That was an excellent result. Far beyond my expectations.

$4.7m cash inflow for the quarter is unbelievable. Extrapolate over a year and you have $18.8m, which is more than double initial forecast at the beginning of the financial year.

$1.37m profit for the quarter equates to $5.5m profit for the year, which is fa r abo-ve their $4.3m EBITDA profit forecast for the year.

They have already made $3.4m EBITDA for the three quarters this year. They projected $4.3m EBITDA for this year. Another similar quarter should see EBITDA of around $4.7m.

Every quarter sees organic growth being delivered by the company. they have always exceeded their projections. I dont belive that their acquisition comment was a bad thing. They now haveovr $4m in the bank so I would expect them to begin to look for acquisitions. One things for sure. they will not make an acquisition for the sake of it. Delvex has delivered the goods for TOX. When an opporunity presents itself, Im sure TOX will make the most of it. I have full faith in the TOX board.

I think its time the market gives TOX the respect and faith it deserves. Nothing more can possibly be asked of them

Its a steal at this price

Cheers