TOE 1.43% 35.5¢ toro energy limited

U Coming to WA, page-131

  1. 801 Posts.
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    I don’t feel like it was a dump. Most of the larger buys came from off screen and purchased up a number of lines at a time. There were a number of $100k buys and quite a few $25 to $30k buys. These buys took the price to 69cents and because they came quickly and the buy side was light it only took a few thousand to bring the price back down. I think those exiting Will regret their decision but you have to consider other opportunity and also the fact that there are many LT holders who are now just getting their head above water. Happy to be wrong but at 69 cents we are only just at 1.4 pre consolidation.

    At a $58 million MC I think this has a fair few multiples to go.
 
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