TOE 5.77% 24.5¢ toro energy limited

I am wondering Drumma to what extent RH felt that Toro was...

  1. 418 Posts.
    lightbulb Created with Sketch. 73
    I am wondering Drumma to what extent RH felt that Toro was vulnerable and whether it was imminent and a defense tactic?

    https://harperjames.co.uk/article/splitting-a-company-an-overview-of-demergers/

    When and why should you consider splitting a company?

    Here are some examples of where splitting your business into separate units might work for you. Please take expert legal advice if you feel any of these examples are a good fit:

    • You’re fending off a hostile takeover and want to discourage bidders by hiving off desirable parts of the business to shield them from corporate predators.

 
watchlist Created with Sketch. Add TOE (ASX) to my watchlist
(20min delay)
Last
24.5¢
Change
-0.015(5.77%)
Mkt cap ! $29.46M
Open High Low Value Volume
26.0¢ 26.0¢ 24.5¢ $145.2K 581.4K

Buyers (Bids)

No. Vol. Price($)
3 56926 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 21624 2
View Market Depth
Last trade - 16.10pm 22/08/2024 (20 minute delay) ?
TOE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.