replace current management

Many shareholders are pinning their hopes on TOE's demerger plan because they've lost confidence in the current management team. Despite favorable market conditions, TOE's share price has consistently declined under their leadership, contrasting with the success of other companies in the sector. The management's poor timing in raising capital and their actions consistently undermining shareholder value have left investors disillusioned. For shareholders, replacing the current management team is seen as the key to revitalizing TOE's prospects and driving its share price upward.