still the cheapest stock on asx, page-4

top 20 shareholders Contrary to comments on HCopper TOX never used an underwriter to complete their financing so there never was any dumping of underwriter stock. ALL shares were taken up by a large number of holders. Currently there are 402,181,160 shares on issue. No shareholder owns more than 5% with the Top 20 holding 41%, this number has held steady from February thru April.

Any realistic appraisal of trading in TOX shares indicates that share volumes in recent trading are substantially lower compared to trading volumes that took place last December when the stock ran from 1 to 3.6 cents. This probably indicates that the pool of "floating free" stock is shrinking as positive financial news continues to be reported monthly. IMHO this is very positive.