I think this is excellent news. They're obviously making this move with purpose and let's hope it's the right one.
The cost to do the deal isn't massive and at least it demonstrates that they're working towards the future, not sitting back and sapping the market for cash with little return.
As a holder (a quiet one) I'm very pleased and imagine most would be?
And looks like it was indeed an ASX timing error with the announcement, I'd be careful judging the market so quickly - after reading the criticism
Toro Energy Announces Acquisition of 19.79% of Strateco Resources From the Sentient Group, page-9
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.65M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 19.5¢ | $52.64K | 263.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2362 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 6313 | 1 |
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| Last trade - 15.59pm 28/07/2025 (20 minute delay) ? |
| TOE (ASX) Chart |