You are saying TOE has significantly underperformed other U stocks due to "unfortunate events"
Sure you can blame Fukushima (a black swan event out of the company's control) as very unfortunate BUT the main "unfortunate event" was not doing the substantial commencement work.
Now this was a decision UNDER FULL CONTROL of the company.. and you don't think an individual or management/board deserves blame for a decision they could have controlled?
Also not saying TOE will go into voluntary administration, but I've seen companies which no longer exist, had buyers buy up until the very point of voluntary administration, using the argument of "there's a buyer for every seller"
Why does the share price keep dropping then?
Is there a U stock that has been more worse performing than TOE this year (down 19% YTD)? Anyone?
TOE Price at posting:
37.0¢ Sentiment: None Disclosure: Not Held
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