The reason i put the clip up was for everyone to see exactly what Mega do. Like i said they act kind of a like an Exchange Traded Fund for their share holders buying a lot of shares over many companies as well as having management in many of those companies which is all good for their inside knowledge. It might be all good for Mega but for us it's just another share holder.
I don't know of their future intentions but my thought is they bought more shares at a lower price to lower their average share price they hold for Toro already, something that we all do so the SP price doesn't have to lift as much before it's in the profit. And i also don't think they are going to push hard to get anything done on the mining front, I think it's all about the biggest profit they can get before a large company says we'll take that thanks.
TOE Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
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