Towie - I agree that they SHOULD NOT have to raise capital. However, it doesn't escape me that they often refer to acquisitions in their releases. Money they have - but to acquire additional income streams I suspect it isn't enough.
I would rather that they stick to their knitting and accumulate the profits for 12 -24 months and then reconsider. However, if anyone is sniffing around the TOX business for a takeover then that strategy might not work which might lead to them being overly aggressive? Just speculating - they are a very profitable small cap - too profitable perhaps ;-)
TOX Price at posting:
0.0¢ Sentiment: None Disclosure: Held