i am new to the sharemarket "TOX be priced at what is is worth (~18c imo) "
Why would anyone in their right mind pay 18c for TOX.
That would value TOX at $90 million.
Thats a lot of money for a company which generated $177 in free cash last quarter.
For a mere $61 million (same cap as TOX) you can buy a company like PSH, which has a captive market in glass manufacturers, revenues of $132 million (TOX $6) EBITDA $20 million (TOX $5) dividend 14.7 cents - yield over 10% at current prices (TOX zilch)
Lets get serious.
Any feedback would be appreciated, as I am new to the sharemarket.
- Forums
- ASX - By Stock
- TOX
- the mind boggles
the mind boggles, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)