Expected to make a 4-5 million profit this financial year with the potential to make 8-10 mill next financial year after plant upgrades!
With a market capitalisation(undiluted) of 15 million,
that equates to a price earnings ratio of 3 this year and at least 2 next year.
These figures are not unrealistic with a small to medium risk profile.
Is there a cheaper stock on the market?
Or has there ever been a cheaper stock on the market?
I have never seen a stock this cheaply priced.
I don't understand why it is so cheaply priced, so i am assuming it is from past sentiment on this stock (very negative) but this will change with time.
I truly believe this is the best and strongest buy in the market now and in my 15 years of trading/investing.
good luck and fortune!
- Forums
- ASX - By Stock
- TOX
- still the cheapest stock on asx. pe ratio of 3!
still the cheapest stock on asx. pe ratio of 3!
-
- There are more pages in this discussion • 8 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
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online