TOE 2.33% 44.0¢ toro energy limited

Ann: Trading Halt, page-3

  1. 845 Posts.
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    From their last quarterly statement for the end of September 2023, they had enough cash for 3.3 quarters - so enough to get them through to mid-year this year. Will be interested to see what their justification is for diluting SHers yet again so soon after the last raise and when the SP finally shows some signs of life in the last few days. For the record, I'm only watching TOE now - sold out my holding late last year for what I saw as glacial and uninspired progress by management. Moved it all into CXU whicih clearly has worked out well and which is showing TOE how it should be done. Will be happy to get back into TOE if I see signs that they're getting their act together as this latest CR could be a good re-entry point. Am sorry current holders have been shafted.

    https://hotcopper.com.au/data/attachments/5892/5892656-bcc1826aa970a464da98a8f15a364548.jpg
    Last edited by Fernit: 18/01/24
 
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44.0¢
Change
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43.0¢ 44.5¢ 42.5¢ $82.17K 187.5K

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2 88579 43.5¢
 

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Price($) Vol. No.
44.0¢ 35618 3
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Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
Last
43.5¢
  Change
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42.5¢ 44.0¢ 42.5¢ 53466
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