In what could be said.It was one of those weeks.The dow down the dow up.asx up and down then up again.umongst all this tox released some exellent news.
The sale of a $667.000 liability from last financial year.for $500.000 and will retire debt of $301.000 and free up $33.800 p/m in lease payments.Add to this 3 years of revenue sharing from the sale.Sounds good it gets better.Tox follow up with a another announcement
regarding the purchase of delvex industrial cleaning.for $2.5 million.A immediate ebitda of $725.000 p/a.The agm was held and tox re-enforced the company was on its way to expantion.Profit upgrade for qtr/1 2006.a strong cash balance in the bank.With $3 million more to come jan 2006 from the options.More boltons or j/v in the pipe line to be announced.you tell me whats this beast worth.
- Forums
- ASX - By Stock
- TOX
- the week that was
the week that was
-
-
- There are more pages in this discussion • 25 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
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online