TOX tox free solutions limited

re: my valuation is 9-10c Dec +ve operating cash flow ($607k)Jan...

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    re: my valuation is 9-10c Dec +ve operating cash flow ($607k)
    Jan +ve operating cash flow $105k
    Feb +ve operating cash flow $(171k)
    March +ve operating cash flow $156k
    April +ve operating cash flow $141k
    May +ve operrating cash flow $196k
    June +ve operating cash flow $466k

    The great thing about TOX releasing monthly cashflow report is doing meaningful analytical reviews between the months

    TOX have now produced 4 positive cashlow months in a row, which confirms I believe a significant turnaround in their operations. You can also see that there is a significant increase from early in the year to May and June in operating cash inflow. If you go back prior to Dec you will probably see the same pattern continuing.

    If TOX can sustain its current rate of growth, a high P/E ratio is justified.

    Thats why I said what I said in my previous post

    Cheers



 
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