I would be very cautious here. Could be two companies with zero revenue and expensive cost / management structures to maintain.
Unfortunately, as long as the Uranium is not able to be extracted from the ground it has zero value. Just look at the cashflow statement for TOE.
Ann: Toro to demerge Non-Core Assets, page-29
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Last
35.5¢ |
Change
0.005(1.43%) |
Mkt cap ! $42.7M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.5¢ | 34.0¢ | $48.79K | 140.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18285 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 99379 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| TOE (ASX) Chart |