TOE 1.85% 27.5¢ toro energy limited

Banter and general comments, page-169

  1. 314 Posts.
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    The other day you were talking about how long you have been in Toro etc, anyway last night I had to dig out my original purchase docs for my accountant.
    So I bought 100,000 at 12c in April 2013 ( after an employee had told me to buy them while he was back home in NZ on holiday in the Coromandel ).
    I had pretty much written off until last year when I purchased around 500,000 and sold out when I had recovered my paper loss at a out a few months ago.
    Now I hold 1.5m as I purchased 2 tranches as I feel the future is more positive going forward for various reasons.
    However I will not fall in love with any company and look to sell if the time is right, have made that mistake in the past with various companies to my cost.
    Presently I feel Toro have legs to move considerably higher and could not understand why shares fell after transformational fund raising along with looking for other deposits . I took the view the recent funders were made aware of enough positive information to justify their investment , so let's watch this space as some of this news comes out!
 
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