TOE 0.00% 27.0¢ toro energy limited

re: Ann: Toro Energy Announces Share Purchase... Hi there...

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    re: Ann: Toro Energy Announces Share Purchase... Hi there Hank,

    Not really looking for steak knives.

    A CR at .08c is way below the trading price around 0.105c over the last few weeks.

    Previous indications from TOE were that a cornerstone investor was being negotiated.

    So it seems that the negotiations have failed and so we the holders are asked to stump up cash at a 20% discount to last Fridays closing price just to cover cash flow and ongoing development and so the dilution goes on.

    And then there will be a corner stone investor at 19% at a low ball price at about .10c

    IMO

    Mulac1
 
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