TOE 3.45% 28.0¢ toro energy limited

whats up with this, page-2

  1. 31,084 Posts.
    Lets do some research on the annoucements shall we - oh by the way if u borught at $1.40 and are still holding at 20c erm why didnt u put in a stop loss 15% limit and sell out at around $1.18 ?

    anyway apart from the overall market dropping ( big factor) uranium stocks-speculative coming right off the boil - most of em have dropped and dried up volume wise drops have been 50-80%

    the propossed issue of unlisted shares ( highly dilutive and discounted) so market sold it down to that level and lost confidence

    realease of shares from escrow ( also a big negative pushed hte price down)

    the poor quarterly cash flow ( specifically cash at bank dropped off quite sharply)

    and lastly its an explorer cash burn without results and movign to BFS - bankable feasibility statement and other steps to mining production and ultimately profits.

    I think this sums up why it has dropped like a leg sinker in water
 
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