TOX tox free solutions limited

Sale of tank cleaning business and purchase of Delvex adds about...

  1. 4,835 Posts.
    lightbulb Created with Sketch. 1038
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.