Hello TOX followers,
I feel that a few of you guys are getting very or over excited about the report/s to come out.
I firmly believe this stock will be much higher in 12 months time or beyond, however, imho, due to the modest way that the company has forecast figures in recent times i see no need for them to change their style of forecasting.
With 'moderate forecasts', 2.8mill to 3mill for the new financial year, this could be laid out as being the base achievement figure.
That should still equate to a shareprice much greater than its 4cents that represents it at the moment.
What will, imho, move this company to another level is any further revenue contracts that the company may be negotiating, or a possible acquisition with steady revenue streams.
It could be at that time that the market sits up and takes note. In the meantime, buying at an undervalued price has to be seen as favourable.
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