TOE 4.26% 22.5¢ toro energy limited

Ann: Corporate Presentation, page-52

  1. 11,970 Posts.
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    Well it is better to have hope than no hope IMO. Especially for a long-term holder like myself. Most people keep complaining but never give a path out of this never ending problem and decline we have. I am giving a clear path out of it for all of us to better our investment. Unless you like losing money of course.

    To be honest, if we got the 5% and started the process it may actually wake up larger investors who will realise the market is unhappy with the management and it may actually force them to put some pressure on and try to get RH to step down.

    Sure, we likely won't get 75% but even if we got 40/50% it would be a MASSIVE wake up call and management would realise they have a first strike. It may actually force them to get off their bums and not only work harder for TOE, but work harder for the wider U space in WA and pressure government, influence the public, PR, media relations etc.
 
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