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42.5¢ toro energy limited

Seems like all the disgruntled talk left with Rubi. Funny that

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Gold-lamington

1,131 Posts.

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13/03/24

23:59

Post #: 72872684
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Originally posted by Theeagle15 ↑

Seems like retail shareholders in this thread seem disgruntled at management so might take a low-ball offer.
2 x current share price might not be such a low ball? 50%+ gain for some recent holders.

Institutional investors (big money) have a closer connection to management so likely to block any takeover thus protecting Toro from low ball offers.

The longer we stay at low SP the more strength a takeover bid has. It's almost 1 month VWAP since recent plunge into the 40s.

The acquiring company can point the finger as say look, no gains, bad decisions, we will come in and fix things up really quick. Especially an outfit like DYL with good reputation and the stark contrast to the VMY story.

That's my take anyway. Blue circle is the danger zone.

Let's just say I may have some experience in mergers and acquisitions.

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Seems like all the disgruntled talk left with Rubi.

Funny that

TOE Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 42.5¢		Change -0.010(2.30%)		Mkt cap ! $51.12M

Open	High	Low	Value	Volume
43.0¢	43.5¢	42.0¢	$60.23K	141.6K

Buyers (Bids)

No.	Vol.	Price($)
2	33966	42.0¢

Sellers (Offers)

Price($)	Vol.	No.
42.5¢	2281	1

View Market Depth

No.	Vol.	Price($)
2	33966	0.420
2	8000	0.415
1	24000	0.410
1	7500	0.405
5	33250	0.400

Price($)	Vol.	No.
0.425	2281	1
0.430	23993	2
0.435	2352	1
0.440	800	1
0.455	6976	1

Last trade - 16.10pm 15/05/2024 (20 minute delay)


Last 42.5¢			Change -0.010 ( 1.16 %)
Open	High		Low	Volume
43.0¢	43.0¢		42.0¢	26115
Last updated 15.59pm 15/05/2024 ?

TOE (ASX) Chart

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