TOX tox free solutions limited
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two deals add 4-5 cents

  1. sydneysider
    4,826 Posts.
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    29/11/05
    13:48
    Post #: 1249126
    Sale of tank cleaning business and purchase of Delvex adds about $1.25 million to EBITA x PE of 15 = 3.8 cents plus some growth upside say 4-5 cents per share. Earlier "guesstimates" say valuation of 15-20 cents per share. IMHO TOX valuation is in the "ballpark" of 19-25 cents per share. Any additional deals will add to this estimate. TOX is still a very strong buy.
    TOX Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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