TOE 1.52% 32.5¢ toro energy limited

replace current management, page-445

  1. 3,301 Posts.
    lightbulb Created with Sketch. 679
    Out of interest, because of your post, I did a quick comparison of TOE vs PEN share prices


    Not sure what timeframe you are referring to.. but here's a few timeframes


    10 year
    TOE - $5 down to $0.33 (-93%)
    PEN - $0.93 down to $0.105 (-89%)

    5 year
    TOE - $1.20 down to $0.33 (-73%)
    PEN - $0.25 down to $0.105 (-58%)

    Sept 2021 high (approx 3 year)
    TOE - $2.25 down to $0.33 (-85%)
    PEN - $0.33 down to $0.105 (-68%)


    1 year
    Both around -35%

    YTD
    TOE -30%
    PEN +2.68%

    So TOE still worse performing than PEN from what I can see!?

    Both have underperformed badly, but PEN has a significantly brighter future going forward (PEN will be producing uranium in less than 6 months, and is fully funded until cash flow positive Q3 2025)

    TOE - not sure what lies ahead.. more capital raises is guaranteed. HOPING for change in government? not guaranteed.
    Last edited by tutes: 07/07/24
 
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