Share consolidation was another management disaster! Buy side walls were stacked pre consolidation. Very difficult to move lower! We were protected and at base levels while in this holding pattern of awaiting U policy change (thanks for managements first F up of not spending $100k on initiating substantial commencement). Now the market sides are more disperse post consolidation. Meaning more room and opportunity to move lower. That’s why we are now around 2 pips lower than pre consolidation price, even though we are in U boom conditions. It’s amazing how a couple of people here constantly defend management! They are horrible and have made poor call after poor call. All I can think is that these posters are management themselves or related to management!
TOE Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
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