I do not think there is any chance of a sell-off of U assets. That would be company suicide in this market. Regardless, the Japanese have already provided a path to finance for the U project. Even if by some stupidity they pulled out (Japanese reactors starting back up - huge money to be made for them), there will be an endless list of other financiers and funds who will come calling in this new net-zero green-focused world.
In my view the company is weighing up all these options for finance and wants to get the best deal for the future, hence the silence and delays, they will not want any tiny detail at all getting out into the media or public light which may derail these conversations.
A lot of companies of late have had their share prices derailed because news has got to the media prematurely before a deal was signed and delivered - VUL, BPT, LPD etc
TOE Chart, page-257
Add TOE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $28.86M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 22.5¢ | $93.33K | 394.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 57453 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| TOE (ASX) Chart |